iShares National Muni Bond ETF (NYSEARCA:MUB) Short Interest Update

iShares National Muni Bond ETF (NYSEARCA:MUB) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,953,104 shares, an increase of 48.1% from the August 31st total of 8,073,285 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average trading volume of 11,513,945 shares, the days-to-cover ratio is currently 1.0 days.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of MUB stock traded up $0.24 on Thursday, hitting $101.34. The company’s stock had a trading volume of 18,719,175 shares, compared to its average volume of 5,059,217. The stock’s 50 day moving average is $104.38 and its 200-day moving average is $105.98. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MUB. Bank of America Corp DE increased its holdings in shares of iShares National Muni Bond ETF by 12.8% during the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after buying an additional 880,501 shares during the period. LPL Financial LLC grew its position in iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock worth $1,188,847,000 after buying an additional 632,378 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares National Muni Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock worth $775,280,000 after buying an additional 214,265 shares in the last quarter. Finally, TIAA Trust National Association increased its stake in iShares National Muni Bond ETF by 3.7% during the 4th quarter. TIAA Trust National Association now owns 5,733,941 shares of the exchange traded fund’s stock worth $614,162,000 after acquiring an additional 204,696 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Company Profile

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.