AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI – Get Free Report) saw a large increase in short interest during 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. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 533,341 shares, the short-interest ratio is presently 0.2 days.
AB Tax-Aware Short Duration Municipal ETF Stock Down 0.0%
TAFI stock traded down $0.01 during mid-day trading on Monday, hitting $24.85. The company had a trading volume of 473,823 shares, compared to its average volume of 441,984. The company has a 50-day moving average price of $25.07 and a 200 day moving average price of $25.16. AB Tax-Aware Short Duration Municipal ETF has a 12-month low of $24.82 and a 12-month high of $25.65.
Institutional Investors Weigh In On AB Tax-Aware Short Duration Municipal ETF
A hedge fund recently bought a new stake in AB Tax-Aware Short Duration Municipal ETF stock. Cary Street Partners Financial LLC acquired a new position in shares of AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,821 shares of the company’s stock, valued at approximately $601,000. Cary Street Partners Financial LLC owned approximately 0.05% of AB Tax-Aware Short Duration Municipal ETF at the end of the most recent reporting period.
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.
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