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

by · The Cerbat Gem

AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI – Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 53,386 shares, a growth of 82.0% from the July 15th total of 29,329 shares. Based on an average trading volume of 311,442 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

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

Shares of NYSEARCA:TAFI traded up $0.01 during trading hours on Friday, reaching $25.09. The stock had a trading volume of 175,267 shares, compared to its average volume of 420,587. AB Tax-Aware Short Duration Municipal ETF has a 1 year low of $24.99 and a 1 year high of $25.65. The firm’s 50 day moving average is $25.14 and its 200-day moving average is $25.21.

Hedge Funds Weigh In On AB Tax-Aware Short Duration Municipal ETF

Several large investors have recently bought and sold shares of TAFI. JPMorgan Chase & Co. boosted its position in shares of 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 worth $22,392,000 after acquiring an additional 140,114 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of AB Tax-Aware Short Duration Municipal ETF during the 4th quarter worth about $601,000. Advisory Services Network LLC lifted its stake in AB Tax-Aware Short Duration Municipal ETF by 22.2% during the fourth quarter. Advisory Services Network LLC now owns 81,922 shares of the company’s stock worth $2,065,000 after purchasing an additional 14,889 shares during the last quarter. Finally, Princeton Global Asset Management LLC purchased a new stake in AB Tax-Aware Short Duration Municipal ETF during the first quarter worth approximately $93,000.

About AB Tax-Aware Short Duration Municipal ETF

(Get Free Report)

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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