iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU) Shares Shorted: Short Interest Up 434.0% in September

iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 76,272 shares, a growth of 434.0% from the September 15th total of 14,282 shares. Based on an average daily volume of 954,784 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Intermediate Muni Income Active ETF Price Performance

iShares Intermediate Muni Income Active ETF stock traded up $0.07 during mid-day trading on Friday, hitting $22.92. The stock had a trading volume of 1,196,999 shares, compared to its average volume of 286,252. iShares Intermediate Muni Income Active ETF has a 12 month low of $22.65 and a 12 month high of $24.58. The stock has a 50-day simple moving average of $23.42 and a two-hundred day simple moving average of $23.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Intermediate Muni Income Active ETF stock. Capital Planning LLC purchased a new position in shares of iShares Intermediate Muni Income Active ETF (NYSEARCA:INMU) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,046 shares of the company’s stock, valued at approximately $734,000. Capital Planning LLC owned 0.11% of iShares Intermediate Muni Income Active ETF at the end of the most recent reporting period.

iShares Intermediate Muni Income Active ETF Company Profile

The BlackRock Intermediate Muni Income Bond ETF (INMU) is an exchange-traded fund that is based on the BBG Barc Municipal Bond 1-15Yr index. The BlackRock Intermediate Muni Income Bond ETF (the Fund) seeks to maximize tax-free current income. INMU was launched on Mar 16, 2021 and is managed by BlackRock.