ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Short Interest Up ∞ in June

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,581 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 25,770 shares, the short-interest ratio is presently 0.2 days.

ActivePassive Intermediate Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA:APMU traded up $0.03 during trading on Tuesday, reaching $25.05. 28,418 shares of the stock were exchanged, compared to its average volume of 25,812. ActivePassive Intermediate Municipal Bond ETF has a 12 month low of $24.70 and a 12 month high of $25.99. The stock has a 50-day moving average price of $24.94 and a 200-day moving average price of $25.09.

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.