MUNC Short Volume
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $10.1M, listed on AMEX, carrying a beta of 0.19 to the broader market. This fund aims to provide consistent distributions, comprising federally tax-exempt income or principal, through the year 2045. Led by Michael R. Chico, public since 2025-08-19.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-07-16
- Short Volume
- 2
- Total Volume
- 5
- Short %
- 40.00%
- 30-Day Avg Short %
- 75.70%
Showing 30 days of FINRA short volume data for Northern Trust 2045 Tax-Exempt Distributing Ladder ETF.
Learn how short volume is reported and how to read the data →
Frequently asked MUNC short volume questions
- What is the daily MUNC short volume?
- As of Jul 16, 2026, Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) short volume is 2 shares against 5 total reported volume, or 40.00% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is MUNC short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does MUNC short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.