Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 21,326 shares, a decrease of 64.1% from the July 30th total of 59,351 shares. Based on an average daily trading volume, of 12,322 shares, the short-interest ratio is presently 1.7 days. Currently, 0.7% of the company’s stock are sold short.
Hedge Funds Weigh In On Genter Capital Municipal Quality Intermediate ETF
An institutional investor recently raised its stake 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% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 as of its most recent filing with the Securities & Exchange Commission.
Genter Capital Municipal Quality Intermediate ETF Trading Down 0.3%
Genter Capital Municipal Quality Intermediate ETF stock traded down $0.03 during midday trading on Friday, reaching $10.19. The company’s stock had a trading volume of 3,135 shares, compared to its average volume of 16,583. The stock’s 50-day simple moving average is $10.24 and its 200-day simple moving average is $10.29. Genter Capital Municipal Quality Intermediate ETF has a 52-week low of $10.12 and a 52-week high of $11.12.
About Genter Capital Municipal Quality Intermediate ETF
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.
See Also
- Five stocks we like better than Genter Capital Municipal Quality Intermediate ETF
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Genter Capital Municipal Quality Intermediate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genter Capital Municipal Quality Intermediate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
