Short Interest in ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Expands By ∞

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,581 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 25,770 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

ActivePassive Intermediate Municipal Bond ETF Stock Up 0.1%

APMU traded up $0.03 during trading hours on Tuesday, reaching $25.05. The company’s stock had a trading volume of 28,418 shares, compared to its average volume of 25,812. ActivePassive Intermediate Municipal Bond ETF has a 52 week low of $24.70 and a 52 week high of $25.99. The company’s 50-day moving average is $24.94 and its 200-day moving average is $25.09.

ActivePassive Intermediate Municipal Bond ETF Company Profile

The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years. APMU was launched on May 3, 2023 and is managed by Envestnet.