AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Short Interest Update

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 5,400 shares, a decrease of 79.0% from the February 26th total of 25,751 shares. Based on an average daily volume of 57,633 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 57,633 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Global Retirement Partners LLC grew its position in shares of AB US Large Cap Strategic Equities ETF by 121.4% during the 3rd quarter. Global Retirement Partners LLC now owns 445 shares of the company’s stock valued at $34,000 after acquiring an additional 244 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of AB US Large Cap Strategic Equities ETF in the third quarter valued at approximately $55,000. PNC Financial Services Group Inc. acquired a new position in shares of AB US Large Cap Strategic Equities ETF during the 3rd quarter worth approximately $64,000. Atlantic Union Bankshares Corp acquired a new position in shares of AB US Large Cap Strategic Equities ETF during the 3rd quarter worth approximately $85,000. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of AB US Large Cap Strategic Equities ETF during the 3rd quarter valued at approximately $210,000.

AB US Large Cap Strategic Equities ETF Stock Up 0.5%

Shares of NYSEARCA LRGC traded up $0.40 during midday trading on Wednesday, reaching $74.18. 120,769 shares of the stock were exchanged, compared to its average volume of 86,947. The firm has a market cap of $689.87 million, a price-to-earnings ratio of 25.96 and a beta of 1.03. The firm has a 50-day simple moving average of $77.07 and a two-hundred day simple moving average of $77.27. AB US Large Cap Strategic Equities ETF has a twelve month low of $55.94 and a twelve month high of $82.00.

About AB US Large Cap Strategic Equities ETF

The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk. LRGC was launched on Sep 20, 2023 and is issued by AB Funds.