Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 21,326 shares, a decline of 64.1% from the July 30th total of 59,351 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,322 shares, the short-interest ratio is presently 1.7 days.
Genter Capital Municipal Quality Intermediate ETF Price Performance
Shares of NYSEARCA:GENM opened at $10.19 on Friday. Genter Capital Municipal Quality Intermediate ETF has a 1 year low of $10.12 and a 1 year high of $11.12. The business’s 50 day simple moving average is $10.23 and its 200 day simple moving average is $10.29.
Institutional Trading of Genter Capital Municipal Quality Intermediate ETF
An institutional investor recently raised its position in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp increased its stake in Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Free Report) by 54.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,632,827 shares of the company’s stock after purchasing an additional 576,924 shares during the period. Bank of New York Mellon Corp owned approximately 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 as of its most recent filing with the SEC.
Genter Capital Municipal Quality Intermediate ETF Company Profile
The Genter Capital Municipal Quality Intermediate ETF (GENM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed basket of investment grade municipal securities exempt from federal income taxes. It targets an intermediate portfolio duration and maturity while seeking current income and capital appreciation. GENM was launched on May 21, 2024 and is issued by Genter Capital.
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