AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) Short Interest Update

AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 91,465 shares, an increase of 157.7% from the August 15th total of 35,486 shares. Based on an average trading volume of 533,341 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of AB Tax-Aware Short Duration Municipal ETF

Several large investors have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC acquired a new position in AB Tax-Aware Short Duration Municipal ETF during the 1st quarter worth $93,000. Cary Street Partners Financial LLC acquired a new stake in AB Tax-Aware Short Duration Municipal ETF in the fourth quarter worth about $601,000. Advisory Services Network LLC grew its position in AB Tax-Aware Short Duration Municipal ETF by 22.2% in the 4th quarter. Advisory Services Network LLC now owns 81,922 shares of the company’s stock valued at $2,065,000 after buying an additional 14,889 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in AB Tax-Aware Short Duration Municipal ETF by 18.7% during the 4th quarter. JPMorgan Chase & Co. now owns 888,222 shares of the company’s stock valued at $22,392,000 after buying an additional 140,114 shares during the period.

AB Tax-Aware Short Duration Municipal ETF Price Performance

AB Tax-Aware Short Duration Municipal ETF stock opened at $24.86 on Friday. AB Tax-Aware Short Duration Municipal ETF has a 52-week low of $24.82 and a 52-week high of $25.65. The firm has a 50-day moving average price of $25.07 and a two-hundred day moving average price of $25.16.

AB Tax-Aware Short Duration Municipal ETF Company Profile

The Ab Tax-Aware Short Duration ETF (TAFI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that primarily invests in investment-grade municipal bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than three years. TAFI was launched on Sep 13, 2022 and is managed by AB Funds.