Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 21,936 shares, a decrease of 44.1% from the September 15th total of 39,220 shares. Based on an average trading volume of 13,009 shares, the short-interest ratio is currently 1.7 days. Currently, 0.7% of the shares of the company are short sold.
Institutional Trading of Genter Capital Municipal Quality Intermediate ETF
An institutional investor recently raised its position in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp lifted its stake in shares of Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Free Report) by 54.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,632,827 shares of the company’s stock after buying an additional 576,924 shares during the quarter. Bank of New York Mellon Corp owned about 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 as of its most recent SEC filing.
Genter Capital Municipal Quality Intermediate ETF Trading Up 0.5%
GENM stock traded up $0.05 during midday trading on Thursday, reaching $9.98. 4,491 shares of the company were exchanged, compared to its average volume of 15,412. The business has a 50-day moving average price of $10.08 and a two-hundred day moving average price of $10.21. Genter Capital Municipal Quality Intermediate ETF has a one year low of $9.77 and a one year high of $11.12.
About Genter Capital Municipal Quality Intermediate ETF
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.
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