iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) Sees Significant Decline in Short Interest

iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 99,557 shares, a decrease of 40.9% from the April 30th total of 168,514 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 154,806 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares Long-Term National Muni Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC purchased a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at about $588,000. Verus Capital Partners LLC purchased a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at about $1,524,000. Western Wealth Management LLC purchased a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at about $141,000. Gateway Wealth Partners LLC purchased a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at about $242,000. Finally, Wealth Alliance LLC purchased a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at about $4,113,000.

iShares Long-Term National Muni Bond ETF Stock Performance

LMUB opened at $50.80 on Thursday. The firm has a 50-day moving average of $50.42 and a 200 day moving average of $50.54. iShares Long-Term National Muni Bond ETF has a fifty-two week low of $47.68 and a fifty-two week high of $53.52.

iShares Long-Term National Muni Bond ETF Company Profile

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.