iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 46,638 shares, a growth of 367.1% from the April 15th total of 9,985 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 119,972 shares, the short-interest ratio is presently 0.4 days.
iShares Intermediate Muni Income Active ETF Trading Down 0.4%
Shares of INMU stock traded down $0.10 during trading on Friday, reaching $23.94. The company’s stock had a trading volume of 114,101 shares, compared to its average volume of 199,204. The stock’s 50-day moving average price is $24.10 and its 200 day moving average price is $24.16. iShares Intermediate Muni Income Active ETF has a 1-year low of $23.19 and a 1-year high of $24.58.
Hedge Funds Weigh In On iShares Intermediate Muni Income Active ETF
Several hedge funds have recently made changes to their positions in INMU. Farther Finance Advisors LLC purchased a new stake in iShares Intermediate Muni Income Active ETF in the 4th quarter valued at $65,000. Private Trust Co. NA purchased a new position in iShares Intermediate Muni Income Active ETF during the 4th quarter worth $116,000. JPMorgan Chase & Co. acquired a new stake in iShares Intermediate Muni Income Active ETF in the second quarter valued at $155,000. Magnolia Private Wealth LLC purchased a new position in shares of iShares Intermediate Muni Income Active ETF in the 4th quarter valued at about $313,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of iShares Intermediate Muni Income Active ETF in the first quarter valued at about $1,983,000.
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.
Read More
- Five stocks we like better than iShares Intermediate Muni Income Active ETF
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for iShares Intermediate Muni Income Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Intermediate Muni Income Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
