ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) Short Interest Update

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,766 shares, a decline of 82.9% from the July 30th total of 10,329 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 23,430 shares, the short-interest ratio is presently 0.1 days.

ActivePassive Intermediate Municipal Bond ETF Stock Down 0.0%

ActivePassive Intermediate Municipal Bond ETF stock traded down $0.01 during trading hours on Friday, hitting $24.76. The company had a trading volume of 28,190 shares, compared to its average volume of 27,636. ActivePassive Intermediate Municipal Bond ETF has a one year low of $24.57 and a one year high of $25.99. The firm has a 50-day moving average of $24.83 and a 200 day moving average of $24.97.

About ActivePassive Intermediate Municipal Bond ETF

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.