AB US High Dividend ETF (NYSEARCA:HIDV) Short Interest Update

AB US High Dividend ETF (NYSEARCA:HIDV) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 1,100 shares, a drop of 35.3% from the August 31st total of 1,700 shares. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.1 days.

AB US High Dividend ETF Trading Up 0.3%

AB US High Dividend ETF stock opened at $79.29 on Friday. AB US High Dividend ETF has a 12 month low of $59.88 and a 12 month high of $79.57. The company has a market capitalization of $126.86 million, a price-to-earnings ratio of 17.91 and a beta of 0.99. The business’s fifty day simple moving average is $77.47 and its two-hundred day simple moving average is $72.58.

Institutional Trading of AB US High Dividend ETF

Several institutional investors have recently bought and sold shares of the company. Wagner Wealth Management LLC raised its holdings in AB US High Dividend ETF by 4.3% in the second quarter. Wagner Wealth Management LLC now owns 90,459 shares of the company’s stock worth $6,632,000 after buying an additional 3,738 shares during the last quarter. Laraway Financial Advisors Inc bought a new stake in shares of AB US High Dividend ETF during the first quarter valued at approximately $201,000. Alliancebernstein L.P. raised its holdings in AB US High Dividend ETF by 54.5% in the 1st quarter. Alliancebernstein L.P. now owns 311,272 shares of the company’s stock worth $21,580,000 after acquiring an additional 109,807 shares during the last quarter. Osaic Holdings Inc. raised its holdings in AB US High Dividend ETF by 34.3% in the 2nd quarter. Osaic Holdings Inc. now owns 4,408 shares of the company’s stock worth $323,000 after acquiring an additional 1,127 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in AB US High Dividend ETF in the 2nd quarter valued at approximately $1,878,000.

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.