Short Interest in ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD) Decreases By 43.2%

Posted by Anthony Miller on Aug 19th, 2026

ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 3,818 shares, a decline of 43.2% from the July 15th total of 6,718 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,612 shares, the days-to-cover ratio is presently 0.7 days.

ALPS Intermediate Municipal Bond ETF Stock Performance

MNBD stock opened at $25.67 on Wednesday. ALPS Intermediate Municipal Bond ETF has a 1-year low of $24.74 and a 1-year high of $26.46. The company’s 50 day moving average is $25.87 and its 200 day moving average is $25.98.

Institutional Trading of ALPS Intermediate Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of MNBD. Main Street Financial Solutions LLC purchased a new stake in ALPS Intermediate Municipal Bond ETF during the 2nd quarter valued at about $343,000. Arsenal Capital Advisors LLC bought a new stake in ALPS Intermediate Municipal Bond ETF in the fourth quarter valued at approximately $378,000. Jane Street Group LLC purchased a new stake in shares of ALPS Intermediate Municipal Bond ETF during the second quarter valued at approximately $511,000. Concurrent Investment Advisors LLC grew its holdings in shares of ALPS Intermediate Municipal Bond ETF by 508.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 51,308 shares of the company’s stock worth $1,332,000 after purchasing an additional 42,872 shares during the last quarter. Finally, Tenzing Financial LLC purchased a new position in shares of ALPS Intermediate Municipal Bond ETF in the fourth quarter worth $1,811,000.

About ALPS Intermediate Municipal Bond ETF

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The ALPS Intermediate Municipal Bond ETF (MNBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax. MNBD was launched on May 19, 2022 and is managed by ALPS.