AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Stock Short Interest Report for October

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 180 shares, an increase of 195.1% from the September 30th total of 61 shares. Based on an average daily volume of 4,650 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. GFG Capital LLC lifted its position in shares of AB US Low Volatility Equity ETF by 1.2% in the third quarter. GFG Capital LLC now owns 38,664 shares of the company’s stock worth $3,186,000 after buying an additional 466 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of AB US Low Volatility Equity ETF by 7.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 46,886 shares of the company’s stock valued at $3,733,000 after acquiring an additional 3,240 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in shares of AB US Low Volatility Equity ETF in the 1st quarter valued at about $11,624,000. Wagner Wealth Management LLC boosted its position in AB US Low Volatility Equity ETF by 5.2% during the first quarter. Wagner Wealth Management LLC now owns 161,690 shares of the company’s stock worth $11,946,000 after acquiring an additional 7,960 shares during the last quarter. Finally, Rockefeller Capital Management L.P. acquired a new stake in AB US Low Volatility Equity ETF during the fourth quarter worth $239,000.

AB US Low Volatility Equity ETF Price Performance

Shares of LOWV traded down $0.70 during trading hours on Friday, hitting $84.48. The stock had a trading volume of 1,445 shares, compared to its average volume of 9,009. The firm has a market capitalization of $202.75 million, a P/E ratio of 25.59 and a beta of 0.72. The firm has a 50 day simple moving average of $83.78 and a 200-day simple moving average of $80.30. AB US Low Volatility Equity ETF has a 1-year low of $71.99 and a 1-year high of $85.58.

About AB US Low Volatility Equity ETF

The AB US Low Volatility Equity ETF (LOWV) is an exchange-traded fund that mostly invests in total market equity. The fund is a portfolio of large- and mid-cap US stocks, actively managed to pursue lower volatility than the broader market. The selection and weighting of holdings is based on the Issuers fundamental and quantitative research. LOWV was launched on Mar 22, 2023 and is managed by AllianceBernstein.