Nomura National High-Yield Municipal Bond ETF (NYSEARCA:HTAX) Short Interest Down 53.8% in August

Nomura National High-Yield Municipal Bond ETF (NYSEARCA:HTAX) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 18,270 shares, a drop of 53.8% from the August 15th total of 39,552 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 11,923 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Investors Weigh In On Nomura National High-Yield Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of HTAX. Janney Montgomery Scott LLC lifted its stake in shares of Nomura National High-Yield Municipal Bond ETF by 57.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,945 shares of the company’s stock worth $2,103,000 after acquiring an additional 31,895 shares during the last quarter. Titleist Asset Management LLC bought a new position in Nomura National High-Yield Municipal Bond ETF in the 4th quarter valued at $262,000. Citadel Advisors LLC purchased a new stake in Nomura National High-Yield Municipal Bond ETF in the third quarter worth $296,000. Finally, Jane Street Group LLC purchased a new stake in Nomura National High-Yield Municipal Bond ETF in the first quarter worth $723,000.

Nomura National High-Yield Municipal Bond ETF Trading Down 0.0%

Shares of NYSEARCA:HTAX opened at $23.67 on Monday. Nomura National High-Yield Municipal Bond ETF has a 12 month low of $23.57 and a 12 month high of $25.08. The firm’s 50-day moving average is $24.40 and its 200 day moving average is $24.51.

Nomura National High-Yield Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Friday, July 31st were given a dividend of $0.0957 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Friday, July 31st.

About Nomura National High-Yield Municipal Bond ETF

The Macquarie National High-Yield Municipal Bond ETF (HTAX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of US high-yield municipal bonds with varying maturities. The fund maintains a dollar-weighted average maturity between 5 and 30 years HTAX was launched on Mar 5, 2025 and is issued by Macquarie.