Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 35,370 shares, a growth of 61.2% from the September 30th total of 21,936 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 9,112 shares, the short-interest ratio is presently 3.9 days.
Genter Capital Municipal Quality Intermediate ETF Stock Performance
Shares of GENM stock opened at $10.14 on Wednesday. The stock has a 50-day moving average price of $10.04 and a 200 day moving average price of $10.24. Genter Capital Municipal Quality Intermediate ETF has a 12 month low of $9.77 and a 12 month high of $11.12.
Institutional Trading of Genter Capital Municipal Quality Intermediate ETF
A hedge fund recently raised its position in Genter Capital Municipal Quality Intermediate ETF stock. Bank of New York Mellon Corp grew its holdings in shares of Genter Capital Municipal Quality Intermediate ETF (NYSEARCA:GENM – Free Report) by 54.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,632,827 shares of the company’s stock after buying an additional 576,924 shares during the quarter. Bank of New York Mellon Corp owned approximately 64.79% of Genter Capital Municipal Quality Intermediate ETF worth $16,719,000 at the end of the most recent reporting period.
Genter Capital Municipal Quality Intermediate ETF Company Profile
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.
Further Reading
- Five stocks we like better than Genter Capital Municipal Quality Intermediate ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Genter Capital Municipal Quality Intermediate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genter Capital Municipal Quality Intermediate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
