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

AB Short Duration Income ETF (NYSEARCA:SDFI) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totaling 600 shares, adeclineof53.8% from the July 31st total of 1,300 shares. Based on an average trading volume of 19,600 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 19,600 shares, the days-to-cover ratio is currently 0.0 days.

AB Short Duration Income ETF Stock Up 0.2%

Shares of SDFI opened at $35.88 on Friday. The business’s fifty day moving average is $35.76 and its 200 day moving average is $35.61. AB Short Duration Income ETF has a 12-month low of $35.11 and a 12-month high of $36.06. The stock has a market cap of $121.99 million and a P/E ratio of 10.94.

Institutional Investors Weigh In On AB Short Duration Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in AB Short Duration Income ETF during the 2nd quarter valued at about $45,000. Alliancebernstein L.P. boosted its position in shares of AB Short Duration Income ETF by 0.6% during the second quarter. Alliancebernstein L.P. now owns 2,747,133 shares of the company’s stock valued at $98,814,000 after buying an additional 17,160 shares during the last quarter. Jane Street Group LLC grew its holdings in AB Short Duration Income ETF by 61.4% during the second quarter. Jane Street Group LLC now owns 77,284 shares of the company’s stock worth $2,780,000 after buying an additional 29,389 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in AB Short Duration Income ETF in the 4th quarter valued at $1,523,000.

About AB Short Duration Income ETF

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.