ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Short Interest Update

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,766 shares, a drop of 82.9% from the July 30th total of 10,329 shares. Based on an average daily volume of 23,430 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

ActivePassive Intermediate Municipal Bond ETF Price Performance

ActivePassive Intermediate Municipal Bond ETF stock traded up $0.03 during trading hours on Wednesday, hitting $24.80. 21,729 shares of the stock were exchanged, compared to its average volume of 27,601. ActivePassive Intermediate Municipal Bond ETF has a 12 month low of $24.57 and a 12 month high of $25.99. The business’s 50-day moving average is $24.84 and its two-hundred day moving average is $24.98.

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.