AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) Short Interest Up 84.0% in December

AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 3,550 shares, an increase of 84.0% from the December 15th total of 1,929 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 21,892 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 21,892 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

AB Tax-Aware Long Municipal ETF Stock Down 0.1%

AB Tax-Aware Long Municipal ETF stock traded down $0.03 during midday trading on Friday, reaching $25.14. The company’s stock had a trading volume of 50,193 shares, compared to its average volume of 17,145. The business has a 50-day simple moving average of $25.09 and a 200-day simple moving average of $24.76. AB Tax-Aware Long Municipal ETF has a fifty-two week low of $23.40 and a fifty-two week high of $25.49.

Hedge Funds Weigh In On AB Tax-Aware Long Municipal ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Insights Inc. purchased a new stake in shares of AB Tax-Aware Long Municipal ETF during the 2nd quarter worth approximately $247,000. Jane Street Group LLC raised its stake in AB Tax-Aware Long Municipal ETF by 5.7% during the 2nd quarter. Jane Street Group LLC now owns 10,553 shares of the company’s stock worth $259,000 after acquiring an additional 565 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in AB Tax-Aware Long Municipal ETF in the third quarter valued at $274,000. Capital Investment Counsel Inc boosted its stake in AB Tax-Aware Long Municipal ETF by 78.6% in the second quarter. Capital Investment Counsel Inc now owns 25,000 shares of the company’s stock valued at $612,000 after acquiring an additional 11,000 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of AB Tax-Aware Long Municipal ETF by 33.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 53,495 shares of the company’s stock worth $1,299,000 after purchasing an additional 13,320 shares during the last quarter.

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.