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

AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) was the recipient of a large increase in short interest during the month of 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. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 21,892 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 21,892 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

AB Tax-Aware Long Municipal ETF Trading Up 0.1%

Shares of TAFL stock traded up $0.02 during midday trading on Thursday, hitting $25.17. The company had a trading volume of 1,702 shares, compared to its average volume of 13,830. The company’s 50 day simple moving average is $25.09 and its 200 day simple moving average is $24.75. AB Tax-Aware Long Municipal ETF has a 52-week low of $23.40 and a 52-week high of $25.49.

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

A number of large investors have recently bought and sold shares of TAFL. Wealth Enhancement Advisory Services LLC lifted its stake in shares of AB Tax-Aware Long Municipal ETF by 20.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 64,611 shares of the company’s stock worth $1,622,000 after acquiring an additional 11,116 shares during the period. Alliancebernstein L.P. boosted its holdings in AB Tax-Aware Long Municipal ETF by 3.2% in the 3rd quarter. Alliancebernstein L.P. now owns 760,923 shares of the company’s stock valued at $19,019,000 after purchasing an additional 23,351 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in AB Tax-Aware Long Municipal ETF in the 3rd quarter valued at approximately $274,000. Capital Investment Counsel Inc increased its position in AB Tax-Aware Long Municipal ETF by 32.0% during the 3rd quarter. Capital Investment Counsel Inc now owns 33,000 shares of the company’s stock worth $825,000 after purchasing an additional 8,000 shares during the period. Finally, Heck Capital Advisors LLC purchased a new position in shares of AB Tax-Aware Long Municipal ETF during the 3rd quarter worth approximately $2,102,000.

About AB Tax-Aware Long Municipal ETF

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.