State Street Nuveen Municipal Bond ETF (BATS:MBND) Stock Short Interest Report for October

State Street Nuveen Municipal Bond ETF (BATS:MBND) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 179 shares, a decline of 87.9% from the September 30th total of 1,477 shares. Based on an average daily trading volume, of 24,692 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of State Street Nuveen Municipal Bond ETF

An institutional investor recently raised its position in State Street Nuveen Municipal Bond ETF stock. PNC Financial Services Group Inc. raised its position in State Street Nuveen Municipal Bond ETF (BATS:MBND) by 30.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,058 shares of the company’s stock after purchasing an additional 3,764 shares during the quarter. PNC Financial Services Group Inc. owned 1.53% of State Street Nuveen Municipal Bond ETF worth $436,000 at the end of the most recent reporting period.

State Street Nuveen Municipal Bond ETF Price Performance

Shares of MBND stock opened at $26.23 on Tuesday. State Street Nuveen Municipal Bond ETF has a 12-month low of $25.27 and a 12-month high of $28.09. The firm has a fifty day moving average of $26.21 and a 200-day moving average of $27.02.

About State Street Nuveen Municipal Bond ETF

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.