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

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,766 shares, a drop of 82.9% from the July 30th total of 10,329 shares. Based on an average daily trading volume, of 23,430 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

ActivePassive Intermediate Municipal Bond ETF Stock Up 0.1%

NYSEARCA APMU traded up $0.03 on Wednesday, hitting $24.80. 21,729 shares of the company were exchanged, compared to its average volume of 27,601. ActivePassive Intermediate Municipal Bond ETF has a 1-year low of $24.57 and a 1-year high of $25.99. The firm has a 50 day moving average of $24.84 and a two-hundred day moving average of $24.98.

ActivePassive Intermediate Municipal Bond ETF Company Profile

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.