SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Sees Significant Growth in Short Interest

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 731,738 shares, an increase of 147.4% from the September 15th total of 295,736 shares. Based on an average daily volume of 1,681,741 shares, the short-interest ratio is presently 0.4 days. Currently, 1.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Mather Group LLC. purchased a new position in shares of SPDR Nuveen ICE Municipal Bond ETF in the 3rd quarter worth $4,715,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the third quarter worth $10,235,000. Investment Planning Advisors Inc. grew its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 9.0% in the third quarter. Investment Planning Advisors Inc. now owns 5,240 shares of the company’s stock worth $224,000 after acquiring an additional 432 shares during the period. Signal Advisors Wealth LLC grew its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 29.3% in the third quarter. Signal Advisors Wealth LLC now owns 27,405 shares of the company’s stock worth $1,172,000 after acquiring an additional 6,216 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC purchased a new stake in SPDR Nuveen ICE Municipal Bond ETF during the third quarter valued at $409,000. 89.83% of the stock is owned by institutional investors.

SPDR Nuveen ICE Municipal Bond ETF Trading Down 0.1%

Shares of TFI opened at $42.99 on Thursday. The business’s fifty day simple moving average is $43.91 and its two-hundred day simple moving average is $44.91. SPDR Nuveen ICE Municipal Bond ETF has a 12 month low of $42.34 and a 12 month high of $46.50.

About SPDR Nuveen ICE Municipal Bond ETF

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