iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) Short Interest Down 40.9% in May

iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 99,557 shares, a decline of 40.9% from the April 30th total of 168,514 shares. Based on an average daily volume of 154,806 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are sold short.

iShares Long-Term National Muni Bond ETF Price Performance

Shares of NYSEARCA:LMUB opened at $50.68 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 stock’s 50 day moving average price is $50.39 and its 200 day moving average price is $50.54.

Institutional Investors Weigh In On iShares Long-Term National Muni Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its holdings in iShares Long-Term National Muni Bond ETF by 5.1% during the fourth quarter. HighTower Advisors LLC now owns 28,846 shares of the company’s stock worth $1,453,000 after purchasing an additional 1,399 shares in the last quarter. Indiana Trust & Investment Management Co bought a new stake in iShares Long-Term National Muni Bond ETF during the first quarter worth approximately $87,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares Long-Term National Muni Bond ETF during the first quarter worth approximately $140,000. Western Wealth Management LLC acquired a new position in iShares Long-Term National Muni Bond ETF in the first quarter worth approximately $141,000. Finally, Raleigh Capital Management Inc. acquired a new position in iShares Long-Term National Muni Bond ETF in the first quarter worth approximately $205,000.

About iShares Long-Term National Muni Bond ETF

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.