Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM) Short Interest Update

by · The Cerbat Gem

Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,125 shares, a decrease of 42.6% from the June 15th total of 7,189 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 12,603 shares, the days-to-cover ratio is currently 0.3 days.

Genter Capital Municipal Quality Intermediate ETF Trading Down 0.3%

NYSEARCA GENM traded down $0.03 during trading hours on Thursday, reaching $10.25. 972 shares of the stock traded hands, compared to its average volume of 17,196. The stock has a 50 day simple moving average of $10.28 and a two-hundred day simple moving average of $10.32. Genter Capital Municipal Quality Intermediate ETF has a 1 year low of $10.13 and a 1 year high of $11.12.

Institutional Trading of 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 holdings 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 SEC. 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 approximately 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 as of its most recent SEC filing.

About Genter Capital Municipal Quality Intermediate ETF

(Get Free Report)

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.

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