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

iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 156,199 shares, an increase of 117.2% from the May 31st total of 71,902 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 147,875 shares, the short-interest ratio is currently 1.1 days.

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

A number of institutional investors have recently modified their holdings of the stock. Indiana Trust & Investment Management Co bought a new stake in shares of iShares Long-Term National Muni Bond ETF during the first quarter valued at approximately $87,000. Merkkuri Wealth Advisors LLC bought a new position in iShares Long-Term National Muni Bond ETF in the first quarter worth approximately $140,000. Western Wealth Management LLC bought a new position in iShares Long-Term National Muni Bond ETF in the first quarter worth approximately $141,000. Raleigh Capital Management Inc. purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth $205,000. Finally, Fifth Third Bancorp purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth $228,000.

iShares Long-Term National Muni Bond ETF Stock Up 0.2%

LMUB stock opened at $51.24 on Tuesday. iShares Long-Term National Muni Bond ETF has a 12 month low of $47.68 and a 12 month high of $53.52. The firm’s 50-day moving average is $50.67 and its 200 day moving average is $50.58.

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.