Short Interest in Rareview Tax Advantaged Income ETF (BATS:RTAI) Decreases By 98.8%

Rareview Tax Advantaged Income ETF (BATS:RTAI) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 48 shares, a drop of 98.8% from the April 30th total of 4,022 shares. Based on an average daily volume of 1,731 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Rareview Tax Advantaged Income ETF Trading Up 0.9%

Shares of RTAI stock traded up $0.18 during midday trading on Wednesday, hitting $21.34. The company had a trading volume of 3,541 shares, compared to its average volume of 1,666. The company’s 50 day simple moving average is $21.08 and its 200 day simple moving average is $21.28. Rareview Tax Advantaged Income ETF has a 52-week low of $19.92 and a 52-week high of $22.18.

About Rareview Tax Advantaged Income ETF

The Rareview Tax Advantaged Income ETF (RTAI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively selects US municipal bond closed-end funds (CEFs), seeking to provide current income. RTAI was launched on Oct 21, 2020 and is managed by Rareview Funds.