Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM) Short Interest Up 158.2% in April

Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENMGet Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,833 shares, a growth of 158.2% from the April 15th total of 2,259 shares. Based on an average daily volume of 13,176 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Genter Capital Municipal Quality Intermediate ETF Price Performance

Shares of GENM opened at $10.28 on Friday. The business’s 50 day moving average price is $10.31 and its 200-day moving average price is $10.33. Genter Capital Municipal Quality Intermediate ETF has a 52 week low of $10.08 and a 52 week high of $11.12.

Genter Capital Municipal Quality Intermediate ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a dividend of $0.0249 per share. The ex-dividend date was Thursday, February 26th. This is a positive change from Genter Capital Municipal Quality Intermediate ETF’s previous monthly dividend of $0.02. This represents a c) dividend on an annualized basis and a yield of 2.9%.

Institutional Investors Weigh In On Genter Capital Municipal Quality Intermediate ETF

A hedge fund recently raised its stake in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp grew its position in Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENMFree Report) by 54.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund 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 approximately 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 as of its most recent SEC filing.

About Genter Capital Municipal Quality Intermediate ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Genter Capital Municipal Quality Intermediate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genter Capital Municipal Quality Intermediate ETF and related companies with MarketBeat.com's FREE daily email newsletter.