iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) Stock Short Interest Declines 82.5%

iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 79,961 shares, a decline of 82.5% from the September 15th total of 456,619 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,151,806 shares, the days-to-cover ratio is currently 0.1 days.

iShares Long-Term National Muni Bond ETF Stock Performance

Shares of LMUB stock opened at $46.39 on Friday. The company’s fifty day moving average price is $48.34 and its 200-day moving average price is $49.76. iShares Long-Term National Muni Bond ETF has a 12 month low of $45.81 and a 12 month high of $53.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares Long-Term National Muni Bond ETF by 7.3% during the second quarter. Envestnet Asset Management Inc. now owns 12,886,730 shares of the company’s stock worth $660,058,000 after buying an additional 872,969 shares during the period. Cetera Investment Advisers purchased a new stake in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter worth about $56,465,000. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares Long-Term National Muni Bond ETF by 8.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 883,578 shares of the company’s stock valued at $45,257,000 after buying an additional 66,647 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in iShares Long-Term National Muni Bond ETF in the 1st quarter worth $16,328,000. Finally, Buttonwood Financial Group LLC increased its stake in shares of iShares Long-Term National Muni Bond ETF by 6.7% during the second quarter. Buttonwood Financial Group LLC now owns 195,270 shares of the company’s stock worth $10,002,000 after purchasing an additional 12,216 shares in the last quarter.

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.