AB Short Duration High Yield ETF (NYSEARCA:SYFI) Short Interest Update

AB Short Duration High Yield ETF (NYSEARCA:SYFI) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 4,931 shares, an increase of 96.5% from the December 31st total of 2,510 shares. Based on an average daily trading volume, of 83,331 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 83,331 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On AB Short Duration High Yield ETF

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in AB Short Duration High Yield ETF by 1,654.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,015 shares of the company’s stock valued at $36,003,000 after purchasing an additional 955,288 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of AB Short Duration High Yield ETF by 94.8% during the second quarter. Bank of America Corp DE now owns 1,537,034 shares of the company’s stock worth $55,261,000 after buying an additional 747,816 shares in the last quarter. Wagner Wealth Management LLC increased its holdings in shares of AB Short Duration High Yield ETF by 80.1% during the third quarter. Wagner Wealth Management LLC now owns 849,417 shares of the company’s stock worth $30,689,000 after buying an additional 377,831 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of AB Short Duration High Yield ETF in the second quarter valued at approximately $10,656,000. Finally, MGO One Seven LLC acquired a new position in shares of AB Short Duration High Yield ETF in the 2nd quarter worth approximately $4,256,000.

AB Short Duration High Yield ETF Stock Down 0.0%

Shares of SYFI stock opened at $36.09 on Friday. The stock’s fifty day simple moving average is $35.99 and its 200 day simple moving average is $35.97. AB Short Duration High Yield ETF has a one year low of $33.50 and a one year high of $36.28.

About AB Short Duration High Yield ETF

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.