AB Tax-Aware Short Duration Municipal ETF (NYSEARCA:TAFI – 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 7,876 shares, a drop of 84.4% from the September 30th total of 50,393 shares. Based on an average daily volume of 1,311,063 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
AB Tax-Aware Short Duration Municipal ETF Price Performance
NYSEARCA:TAFI traded up $0.01 during trading hours on Tuesday, hitting $24.91. 12,927 shares of the stock traded hands, compared to its average volume of 511,843. AB Tax-Aware Short Duration Municipal ETF has a fifty-two week low of $24.47 and a fifty-two week high of $25.65. The firm has a 50 day moving average price of $24.83 and a 200 day moving average price of $25.12.
Institutional Investors Weigh In On AB Tax-Aware Short Duration Municipal ETF
Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in AB Tax-Aware Short Duration Municipal ETF during the third quarter valued at about $130,000. CoreCap Advisors LLC acquired a new stake in shares of AB Tax-Aware Short Duration Municipal ETF in the third quarter worth $270,000. Finally, Princeton Global Asset Management LLC acquired a new position in AB Tax-Aware Short Duration Municipal ETF in the 1st quarter valued at $93,000.
AB Tax-Aware Short Duration Municipal ETF Company Profile
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.
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