ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Stock Short Interest Report for September

by · The Cerbat Gem

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 10,815 shares, an increase of 144.1% from the September 15th total of 4,431 shares. Based on an average daily trading volume, of 38,861 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

ActivePassive Intermediate Municipal Bond ETF Stock Performance

NYSEARCA:APMU traded down $0.03 on Wednesday, hitting $24.14. 11,552 shares of the stock were exchanged, compared to its average volume of 29,358. ActivePassive Intermediate Municipal Bond ETF has a fifty-two week low of $23.76 and a fifty-two week high of $25.99. The stock has a fifty day moving average of $24.44 and a 200-day moving average of $24.74.

ActivePassive Intermediate Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, October 1st were issued a $0.0321 dividend. This is an increase from ActivePassive Intermediate Municipal Bond ETF’s previous monthly dividend of $0.0257. This represents a $0.39 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 1st.

ActivePassive Intermediate Municipal Bond ETF Company Profile

(Get Free Report)

The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years. APMU was launched on May 3, 2023 and is managed by Envestnet.

Featured Stories