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

AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 163,697 shares, a growth of 79.0% from the August 31st total of 91,465 shares. Based on an average daily volume of 697,580 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds 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. Princeton Global Asset Management LLC bought a new stake in AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,684 shares of the company’s stock, valued at approximately $93,000.

AB Tax-Aware Short Duration Municipal ETF Trading Down 0.2%

TAFI stock traded down $0.05 during midday trading on Tuesday, reaching $24.49. 774,845 shares of the company’s stock traded hands, compared to its average volume of 461,022. The company has a 50-day simple moving average of $24.98 and a two-hundred day simple moving average of $25.11. AB Tax-Aware Short Duration Municipal ETF has a 1-year low of $24.47 and a 1-year 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.