AB Short Duration High Yield ETF (NYSEARCA:SYFI) Short Interest Update

AB Short Duration High Yield ETF (NYSEARCA:SYFI) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,510 shares, a drop of 91.9% from the December 15th total of 30,982 shares. Based on an average daily trading volume, of 82,779 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 82,779 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On AB Short Duration High Yield ETF

Institutional investors have recently added to or reduced their stakes in the company. Colonial Trust Advisors bought a new stake in shares of AB Short Duration High Yield ETF during the 2nd quarter valued at $55,000. Private Trust Co. NA lifted its position in AB Short Duration High Yield ETF by 41.3% during the 2nd quarter. Private Trust Co. NA now owns 4,955 shares of the company’s stock valued at $178,000 after acquiring an additional 1,448 shares during the period. CWM LLC lifted its position in AB Short Duration High Yield ETF by 73.4% during the 2nd quarter. CWM LLC now owns 5,074 shares of the company’s stock valued at $182,000 after acquiring an additional 2,148 shares during the period. Strategic Family Wealth Counselors L.L.C. bought a new stake in AB Short Duration High Yield ETF during the third quarter worth about $201,000. Finally, Centerpoint Advisory Group purchased a new stake in AB Short Duration High Yield ETF in the third quarter worth about $206,000.

AB Short Duration High Yield ETF Stock Up 0.0%

Shares of SYFI stock traded up $0.01 during midday trading on Tuesday, reaching $36.02. 44,254 shares of the stock were exchanged, compared to its average volume of 74,754. AB Short Duration High Yield ETF has a 1 year low of $33.50 and a 1 year high of $36.29. The company’s 50 day moving average is $35.91 and its two-hundred day moving average is $35.95.

AB Short Duration High Yield ETF Company Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.