iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU) Short Interest Down 92.9% in August

iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 4,035 shares, a decrease of 92.9% from the August 15th total of 56,641 shares. Based on an average daily volume of 152,631 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of iShares Intermediate Muni Income Active ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in iShares Intermediate Muni Income Active ETF by 2,260.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,628,368 shares of the company’s stock valued at $39,146,000 after acquiring an additional 1,559,395 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in iShares Intermediate Muni Income Active ETF during the first quarter worth $1,983,000. Finally, Magnolia Private Wealth LLC acquired a new stake in shares of iShares Intermediate Muni Income Active ETF in the 4th quarter valued at $313,000.

iShares Intermediate Muni Income Active ETF Trading Down 0.4%

iShares Intermediate Muni Income Active ETF stock traded down $0.10 during trading hours on Thursday, reaching $23.26. 565,083 shares of the stock were exchanged, compared to its average volume of 206,446. iShares Intermediate Muni Income Active ETF has a twelve month low of $23.24 and a twelve month high of $24.58. The stock has a 50 day moving average of $23.82 and a two-hundred day moving average of $24.02.

iShares Intermediate Muni Income Active ETF Company Profile

The BlackRock Intermediate Muni Income Bond ETF (INMU) is an exchange-traded fund that is based on the BBG Barc Municipal Bond 1-15Yr index. The BlackRock Intermediate Muni Income Bond ETF (the Fund) seeks to maximize tax-free current income. INMU was launched on Mar 16, 2021 and is managed by BlackRock.