AB Short Duration Income ETF (NYSEARCA:SDFI) Short Interest Update

AB Short Duration Income ETF (NYSEARCA:SDFI) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 932 shares, a decline of 44.3% from the June 15th total of 1,673 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 21,030 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On AB Short Duration Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SDFI. Global Retirement Partners LLC bought a new position in AB Short Duration Income ETF in the 4th quarter valued at about $28,000. Raymond James Financial Inc. acquired a new position in AB Short Duration Income ETF during the 2nd quarter valued at about $45,000. Wagner Wealth Management LLC bought a new stake in shares of AB Short Duration Income ETF during the 4th quarter worth about $117,000. Kestra Advisory Services LLC bought a new stake in shares of AB Short Duration Income ETF during the 4th quarter worth about $138,000. Finally, Gateway Wealth Partners LLC bought a new stake in shares of AB Short Duration Income ETF during the 1st quarter worth about $229,000.

AB Short Duration Income ETF Stock Performance

Shares of SDFI stock opened at $35.47 on Friday. AB Short Duration Income ETF has a 1 year low of $35.00 and a 1 year high of $36.15. The stock has a fifty day moving average of $35.49 and a two-hundred day moving average of $35.65. The firm has a market capitalization of $177.35 million, a PE ratio of 10.94 and a beta of 0.05.

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.