Short Municipal Index Breaks Below 200-Day Moving Average - Notable for SMB

In trading on Tuesday, shares of the Short Municipal Index ETF (SMB) crossed below their 200 day moving average of $17.56, changing hands as low as $17.55 per share. Short Municipal Index shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of SMB shares, versus its 200 day moving average:

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Short Municipal Index 200 Day Moving Average Chart

Looking at the chart above, SMB's low point in its 52 week range is $16.77 per share, with $17.93 as the 52 week high point — that compares with a last trade of $17.58.

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