Short Interest in AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Increases By 80.0%

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 4,500 shares, a growth of 80.0% from the September 30th total of 2,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

AB US Large Cap Strategic Equities ETF Stock Performance

Shares of NYSEARCA:LRGC opened at $78.07 on Monday. The stock has a market capitalization of $647.98 million, a price-to-earnings ratio of 25.96 and a beta of 1.03. The stock’s 50-day simple moving average is $76.56 and its two-hundred day simple moving average is $71.87. AB US Large Cap Strategic Equities ETF has a 52-week low of $55.94 and a 52-week high of $79.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC boosted its position in AB US Large Cap Strategic Equities ETF by 121.4% in the third quarter. Global Retirement Partners LLC now owns 445 shares of the company’s stock worth $34,000 after purchasing an additional 244 shares during the last quarter. PMG Wealth Management Inc. purchased a new position in AB US Large Cap Strategic Equities ETF in the second quarter worth about $320,000. Private Advisor Group LLC purchased a new position in AB US Large Cap Strategic Equities ETF in the first quarter worth about $598,000. Jane Street Group LLC boosted its position in AB US Large Cap Strategic Equities ETF by 373.1% in the first quarter. Jane Street Group LLC now owns 17,279 shares of the company’s stock worth $1,108,000 after purchasing an additional 13,627 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of AB US Large Cap Strategic Equities ETF by 11.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 23,247 shares of the company’s stock valued at $1,491,000 after buying an additional 2,419 shares in the last quarter.

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.