AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) Shares Shorted: Short Interest Down 69.2% in September

AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 50,393 shares, a drop of 69.2% from the September 15th total of 163,697 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 793,848 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On AB Tax-Aware Short Duration Municipal ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC bought a new stake in shares of AB Tax-Aware Short Duration Municipal ETF in the 3rd quarter worth approximately $130,000. CoreCap Advisors LLC acquired a new position in AB Tax-Aware Short Duration Municipal ETF in the third quarter worth approximately $270,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of AB Tax-Aware Short Duration Municipal ETF in the first quarter valued at $93,000.

AB Tax-Aware Short Duration Municipal ETF Stock Performance

NYSEARCA TAFI traded up $0.04 on Tuesday, reaching $24.64. 1,808,932 shares of the stock traded hands, compared to its average volume of 506,576. The firm’s fifty day simple moving average is $24.87 and its 200 day simple moving average is $25.06. AB Tax-Aware Short Duration Municipal ETF has a 12 month low of $24.47 and a 12 month high of $25.65.

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.