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 increase in short interest in October. As of October 30th, there was short interest totaling 5,738 shares, an increase of 3,105.6% from the October 15th total of 179 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,649 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On State Street Nuveen Municipal Bond ETF

An institutional investor recently raised its stake in State Street Nuveen Municipal Bond ETF stock. PNC Financial Services Group Inc. increased its position in State Street Nuveen Municipal Bond ETF (BATS:MBND) by 30.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,058 shares of the company’s stock after acquiring an additional 3,764 shares during the period. PNC Financial Services Group Inc. owned approximately 1.53% of State Street Nuveen Municipal Bond ETF worth $436,000 as of its most recent SEC filing.

State Street Nuveen Municipal Bond ETF Trading Down 0.4%

MBND traded down $0.11 on Tuesday, hitting $26.55. 1,493 shares of the company were exchanged, compared to its average volume of 9,317. State Street Nuveen Municipal Bond ETF has a fifty-two week low of $25.27 and a fifty-two week high of $28.09. The business’s fifty day moving average is $26.12 and its 200 day moving average is $26.96.

State Street Nuveen Municipal Bond ETF Company Profile

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.