AB Short Duration Income ETF (NYSEARCA:SDFI – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,437 shares, a decrease of 92.3% from the October 15th total of 18,776 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,674 shares, the days-to-cover ratio is currently 0.2 days.
AB Short Duration Income ETF Stock Performance
SDFI stock traded down $0.12 during trading on Tuesday, hitting $34.91. 58,538 shares of the company traded hands, compared to its average volume of 22,196. The company has a 50-day moving average of $34.96 and a 200-day moving average of $35.43. The firm has a market capitalization of $192.00 million, a PE ratio of 10.94 and a beta of 0.05. AB Short Duration Income ETF has a 1 year low of $34.61 and a 1 year high of $36.15.
Institutional Trading of AB Short Duration Income ETF
An institutional investor recently raised its stake in AB Short Duration Income ETF stock. Kestra Advisory Services LLC boosted its position in shares of AB Short Duration Income ETF (NYSEARCA:SDFI – Free Report) by 71.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,080 shares of the company’s stock after buying an additional 5,448 shares during the quarter. Kestra Advisory Services LLC owned 0.24% of AB Short Duration Income ETF worth $455,000 as of its most recent filing with the Securities & Exchange Commission.
AB Short Duration Income ETF Company Profile
The AB Short Duration Income ETF (SDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and foreign income-producing fixed income securities with various credit ratings and maturities. It aims to maintain a dollar-weighted average portfolio duration of less than three years. SDFI was launched on Dec 12, 2018 and is issued by AB Funds.
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