Short Interest in AB Short Duration Income ETF (NYSEARCA:SDFI) Rises By ∞

AB Short Duration Income ETF (NYSEARCA:SDFI) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,673 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 39,237 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On AB Short Duration Income ETF

Large investors have recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new stake in shares of AB Short Duration Income ETF in the 4th quarter valued at about $28,000. Raymond James Financial Inc. purchased a new position in shares of AB Short Duration Income ETF during the second quarter worth about $45,000. Wagner Wealth Management LLC bought a new position in shares of AB Short Duration Income ETF in the fourth quarter worth approximately $117,000. Kestra Advisory Services LLC purchased a new stake in AB Short Duration Income ETF in the fourth quarter valued at approximately $138,000. Finally, Gateway Wealth Partners LLC purchased a new stake in AB Short Duration Income ETF in the first quarter valued at approximately $229,000.

AB Short Duration Income ETF Stock Down 0.4%

SDFI traded down $0.14 on Wednesday, hitting $35.40. The company’s stock had a trading volume of 1,099 shares, compared to its average volume of 22,061. AB Short Duration Income ETF has a 12 month low of $35.00 and a 12 month high of $36.15. The firm has a market cap of $162.84 million, a P/E 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 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.