AB Short Duration Income ETF (NYSEARCA:SDFI – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,673 shares, an increase of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 39,237 shares, the days-to-cover ratio is currently 0.0 days.
AB Short Duration Income ETF Stock Performance
Shares of SDFI traded down $0.04 during mid-day trading on Tuesday, reaching $35.54. The company had a trading volume of 8,667 shares, compared to its average volume of 22,232. The company has a market capitalization of $163.48 million, a price-to-earnings ratio of 10.94 and a beta of 0.05. The company’s 50 day simple moving average is $35.55 and its 200 day simple moving average is $35.69. AB Short Duration Income ETF has a 1-year low of $35.00 and a 1-year high of $36.15.
Institutional Trading of AB Short Duration Income ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Beto Financial Group LLC bought a new stake in AB Short Duration Income ETF during the 4th quarter worth approximately $2,460,000. Wagner Wealth Management LLC bought a new position in AB Short Duration Income ETF during the fourth quarter worth $117,000. Envestnet Asset Management Inc. boosted its position in AB Short Duration Income ETF by 19.4% during the third quarter. Envestnet Asset Management Inc. now owns 12,267 shares of the company’s stock valued at $441,000 after acquiring an additional 1,997 shares during the last quarter. Jane Street Group LLC boosted its position in AB Short Duration Income ETF by 61.4% during the second quarter. Jane Street Group LLC now owns 77,284 shares of the company’s stock valued at $2,780,000 after acquiring an additional 29,389 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in AB Short Duration Income ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 254,724 shares of the company’s stock worth $9,118,000 after acquiring an additional 41,010 shares during the period.
About AB Short Duration Income ETF
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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