ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Short Interest Update

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 4,581 shares, a growth of ? from the May 31st total of 0 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 25,770 shares, the days-to-cover ratio is currently 0.2 days.

ActivePassive Intermediate Municipal Bond ETF Stock Performance

APMU traded down $0.02 during trading on Wednesday, hitting $25.03. 22,936 shares of the company’s stock were exchanged, compared to its average volume of 25,788. The business’s 50 day moving average is $24.94 and its two-hundred day moving average is $25.09. ActivePassive Intermediate Municipal Bond ETF has a fifty-two week low of $24.70 and a fifty-two week high of $25.99.

About ActivePassive Intermediate Municipal Bond ETF

The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years. APMU was launched on May 3, 2023 and is managed by Envestnet.