State Street Nuveen Municipal Bond ETF (BATS:MBND) Stock Short Interest Report for October

State Street Nuveen Municipal Bond ETF (BATS:MBND) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 179 shares, a decrease of 87.9% from the September 30th total of 1,477 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 24,692 shares, the short-interest ratio is currently 0.0 days.

State Street Nuveen Municipal Bond ETF Stock Up 0.2%

Shares of BATS MBND opened at $26.23 on Tuesday. The company has a 50-day moving average of $26.21 and a two-hundred day moving average of $27.02. State Street Nuveen Municipal Bond ETF has a 1-year low of $25.27 and a 1-year high of $28.09.

Institutional Inflows and Outflows

A hedge fund recently raised its position in State Street Nuveen Municipal Bond ETF stock. Janney Montgomery Scott LLC increased its holdings in shares of State Street Nuveen Municipal Bond ETF (BATS:MBND) by 183.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,918 shares of the company’s stock after buying an additional 31,635 shares during the period. Janney Montgomery Scott LLC owned 4.66% of State Street Nuveen Municipal Bond ETF worth $1,329,000 at the end of the most recent quarter.

State Street Nuveen Municipal Bond ETF Company Profile

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.