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

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

AB Tax-Aware Short Duration Municipal ETF Trading Up 0.1%

Shares of NYSEARCA:TAFI traded up $0.02 during trading on Monday, reaching $25.28. The stock had a trading volume of 117,642 shares, compared to its average volume of 228,228. AB Tax-Aware Short Duration Municipal ETF has a 52 week low of $24.55 and a 52 week high of $25.42. The stock has a fifty day simple moving average of $25.26 and a two-hundred day simple moving average of $25.22.

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. increased its position in shares of AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI) by 55.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 696,961 shares of the company’s stock after purchasing an additional 249,468 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.09% of AB Tax-Aware Short Duration Municipal ETF worth $17,501,000 at the end of the most recent quarter.

About AB Tax-Aware Short Duration Municipal ETF

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.