AB US High Dividend ETF (NYSEARCA:HIDV) Stock Short Interest Report for October

AB US High Dividend ETF (NYSEARCA:HIDV) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 98 shares, a growth of 92.2% from the September 30th total of 51 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 11,091 shares, the short-interest ratio is presently 0.0 days.

AB US High Dividend ETF Price Performance

Shares of AB US High Dividend ETF stock traded up $0.11 on Monday, reaching $89.66. 2,372 shares of the company were exchanged, compared to its average volume of 11,344. The stock’s 50 day moving average price is $90.63 and its 200-day moving average price is $86.72. AB US High Dividend ETF has a 1-year low of $75.31 and a 1-year high of $93.53. The company has a market cap of $206.22 million, a P/E ratio of 17.91 and a beta of 0.96.

Institutional Trading of AB US High Dividend ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in HIDV. Citadel Advisors LLC purchased a new position in shares of AB US High Dividend ETF in the 2nd quarter valued at approximately $412,000. Commonwealth Equity Services LLC purchased a new stake in shares of AB US High Dividend ETF during the third quarter worth approximately $1,587,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of AB US High Dividend ETF during the first quarter worth $7,372,000.

AB US High Dividend ETF Company Profile

The AB US High Dividend ETF (HIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying companies. Selection is based on a proprietary systemic approach of large- and mid-cap US stocks. HIDV was launched on Mar 22, 2023 and is managed by AllianceBernstein.