ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD) Sees Significant Growth in Short Interest

Posted by Teresa Graham on Jul 13th, 2026

ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 25,348 shares, an increase of 694.6% from the June 15th total of 3,190 shares. Based on an average daily trading volume, of 7,381 shares, the short-interest ratio is currently 3.4 days. Approximately 1.2% of the company’s stock are sold short.

Hedge Funds Weigh In On ALPS Intermediate Municipal Bond ETF

Hedge funds have recently made changes to their positions in the company. Main Street Financial Solutions LLC acquired a new stake in shares of ALPS Intermediate Municipal Bond ETF during the second quarter worth about $343,000. Jane Street Group LLC acquired a new stake in shares of ALPS Intermediate Municipal Bond ETF in the 2nd quarter valued at about $511,000. Concurrent Investment Advisors LLC boosted its position in shares of ALPS Intermediate Municipal Bond ETF by 508.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 51,308 shares of the company’s stock valued at $1,332,000 after purchasing an additional 42,872 shares during the period. Arsenal Capital Advisors LLC purchased a new position in ALPS Intermediate Municipal Bond ETF during the 4th quarter worth approximately $378,000. Finally, Tenzing Financial LLC purchased a new position in ALPS Intermediate Municipal Bond ETF during the 4th quarter worth approximately $1,811,000.

ALPS Intermediate Municipal Bond ETF Stock Down 0.0%

NYSEARCA MNBD opened at $26.01 on Monday. The firm’s fifty day moving average price is $25.96 and its 200 day moving average price is $26.04. ALPS Intermediate Municipal Bond ETF has a 12 month low of $25.30 and a 12 month high of $26.46.

ALPS Intermediate Municipal Bond ETF Company Profile

(Get Free Report)

The ALPS Intermediate Municipal Bond ETF (MNBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax. MNBD was launched on May 19, 2022 and is managed by ALPS.