AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) Short Interest Update

AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 25,188 shares, an increase of 107.7% from the April 30th total of 12,128 shares. Based on an average daily volume of 9,254 shares, the short-interest ratio is presently 2.7 days. Currently, 1.3% of the company’s stock are sold short.

AB Tax-Aware Long Municipal ETF Stock Performance

Shares of TAFL stock opened at $25.06 on Monday. The business has a fifty day moving average of $24.93 and a 200 day moving average of $25.05. AB Tax-Aware Long Municipal ETF has a 1 year low of $23.84 and a 1 year high of $25.55.

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

Large investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its holdings in AB Tax-Aware Long Municipal ETF by 5.7% in the 2nd quarter. Jane Street Group LLC now owns 10,553 shares of the company’s stock worth $259,000 after buying an additional 565 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in AB Tax-Aware Long Municipal ETF in the 4th quarter worth approximately $70,000. Commonwealth Equity Services LLC raised its position in shares of AB Tax-Aware Long Municipal ETF by 46.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 17,946 shares of the company’s stock valued at $449,000 after buying an additional 5,725 shares during the period. Capital Investment Counsel Inc raised its position in shares of AB Tax-Aware Long Municipal ETF by 21.2% during the 4th quarter. Capital Investment Counsel Inc now owns 40,000 shares of the company’s stock valued at $1,000,000 after buying an additional 7,000 shares during the period. Finally, Koshinski Asset Management Inc. increased its position in shares of AB Tax-Aware Long Municipal ETF by 91.0% during the 1st quarter. Koshinski Asset Management Inc. now owns 20,959 shares of the company’s stock worth $521,000 after purchasing an additional 9,983 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.