iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) Stock Short Interest Rises 247.3%
by Michael Walen · The Markets DailyiShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 456,619 shares, an increase of 247.3% from the August 31st total of 131,492 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 957,410 shares, the days-to-cover ratio is presently 0.5 days.
iShares Long-Term National Muni Bond ETF Trading Down 0.4%
LMUB stock traded down $0.17 during trading on Friday, hitting $46.78. The stock had a trading volume of 686,874 shares, compared to its average volume of 420,940. The company’s 50 day moving average price is $49.05 and its two-hundred day moving average price is $50.05. iShares Long-Term National Muni Bond ETF has a 1-year low of $46.56 and a 1-year high of $53.52.
Hedge Funds Weigh In On iShares Long-Term National Muni Bond ETF
A number of institutional investors have recently modified their holdings of LMUB. CoreCap Advisors LLC acquired a new stake in iShares Long-Term National Muni Bond ETF during the second quarter worth approximately $75,000. Indiana Trust & Investment Management Co acquired a new position in iShares Long-Term National Muni Bond ETF in the 1st quarter valued at $87,000. IFP Advisors Inc raised its holdings in iShares Long-Term National Muni Bond ETF by 30.4% in the 2nd quarter. IFP Advisors Inc now owns 2,246 shares of the company’s stock valued at $115,000 after acquiring an additional 524 shares during the last quarter. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter worth $140,000. Finally, Western Wealth Management LLC purchased a new position in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter worth $141,000.
About iShares Long-Term National Muni Bond ETF
The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.
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