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

AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 112,230 shares, a growth of 49.0% from the November 30th total of 75,341 shares. Based on an average daily trading volume, of 248,510 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 248,510 shares, the days-to-cover ratio is presently 0.5 days.

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

A hedge fund recently raised its stake in AB Tax-Aware Short Duration Municipal ETF stock. JPMorgan Chase & Co. raised its holdings in shares of AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 748,108 shares of the company’s stock after buying an additional 51,147 shares during the period. JPMorgan Chase & Co. owned about 1.94% of AB Tax-Aware Short Duration Municipal ETF worth $18,957,000 at the end of the most recent reporting period.

AB Tax-Aware Short Duration Municipal ETF Trading Up 0.0%

Shares of NYSEARCA:TAFI traded up $0.01 during mid-day trading on Tuesday, reaching $25.28. 503,530 shares of the company traded hands, compared to its average volume of 230,032. AB Tax-Aware Short Duration Municipal ETF has a 52 week low of $24.55 and a 52 week high of $25.42. The company’s 50 day moving average price is $25.26 and its 200-day moving average price is $25.22.

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.