Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM) Shares Shorted: Short Interest Up 55.5% in September

Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 39,220 shares, a growth of 55.5% from the August 31st total of 25,216 shares. Based on an average trading volume of 7,286 shares, the short-interest ratio is presently 5.4 days. Currently, 1.2% of the company’s shares are short sold.

Institutional Trading of Genter Capital Municipal Quality Intermediate ETF

An institutional investor recently raised its stake in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp raised its holdings in shares of Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM) by 54.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,632,827 shares of the company’s stock after buying an additional 576,924 shares during the period. Bank of New York Mellon Corp owned about 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 at the end of the most recent reporting period.

Genter Capital Municipal Quality Intermediate ETF Price Performance

Shares of GENM opened at $9.89 on Friday. The company’s fifty day simple moving average is $10.12 and its 200-day simple moving average is $10.23. Genter Capital Municipal Quality Intermediate ETF has a twelve month low of $9.81 and a twelve month high of $11.12.

Genter Capital Municipal Quality Intermediate ETF Company Profile

The Genter Capital Municipal Quality Intermediate ETF (GENM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed basket of investment grade municipal securities exempt from federal income taxes. It targets an intermediate portfolio duration and maturity while seeking current income and capital appreciation. GENM was launched on May 21, 2024 and is issued by Genter Capital.