AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 145 shares, a drop of 92.6% from the September 30th total of 1,969 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 37,607 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Trading of AB Tax-Aware Long Municipal ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Koshinski Asset Management Inc. boosted its holdings in AB Tax-Aware Long Municipal ETF by 91.0% in the first quarter. Koshinski Asset Management Inc. now owns 20,959 shares of the company’s stock valued at $521,000 after purchasing an additional 9,983 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in AB Tax-Aware Long Municipal ETF by 30.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 93,872 shares of the company’s stock worth $2,378,000 after purchasing an additional 21,829 shares during the last quarter. Finally, Heck Capital Advisors LLC increased its holdings in AB Tax-Aware Long Municipal ETF by 0.6% during the 2nd quarter. Heck Capital Advisors LLC now owns 138,037 shares of the company’s stock worth $3,497,000 after purchasing an additional 807 shares during the last quarter.
AB Tax-Aware Long Municipal ETF Price Performance
Shares of TAFL stock traded down $0.03 on Tuesday, hitting $24.01. The stock had a trading volume of 1,902 shares, compared to its average volume of 17,018. AB Tax-Aware Long Municipal ETF has a 52-week low of $23.04 and a 52-week high of $25.55. The stock’s 50 day moving average is $23.95 and its 200-day moving average is $24.76.
AB Tax-Aware Long Municipal ETF Company Profile
The AB Tax-Aware Long Municipal ETF (TAFL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 7 to 14 years. TAFL was launched on Dec 13, 2023 and is issued by AB Funds.
See Also
- Five stocks we like better than AB Tax-Aware Long Municipal ETF
- Lockheed Martin’s F-35 Deal Could Change How Wall Street Values the Stock
- Merck and Moderna’s Cancer Vaccine Worked—Who Gets Paid?
- Intel’s $155 Price Target Raises a Bigger Question About Its Turnaround Potential
- AST SpaceMobile Faces Launch Risks as SpaceX Raises the Competitive Stakes
Receive News & Ratings for AB Tax-Aware Long Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Tax-Aware Long Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
