Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) saw a large decrease in short interest during 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. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 13,009 shares, the days-to-cover ratio is presently 1.7 days.
Genter Capital Municipal Quality Intermediate ETF Price Performance
Shares of NYSEARCA:GENM traded up $0.05 during midday trading on Thursday, hitting $9.98. The stock had a trading volume of 4,491 shares, compared to its average volume of 15,412. Genter Capital Municipal Quality Intermediate ETF has a 12 month low of $9.77 and a 12 month high of $11.12. The business’s 50-day simple moving average is $10.08 and its 200-day simple moving average is $10.21.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp increased its position in Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Free Report) by 54.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,632,827 shares of the company’s stock after purchasing an additional 576,924 shares during the quarter. 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
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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