VanEck CEF Muni Income ETF (BATS:XMPT) Short Interest Up 436.9% in June

VanEck CEF Muni Income ETF (BATS:XMPT) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 35,382 shares, a growth of 436.9% from the June 15th total of 6,590 shares. Based on an average trading volume of 54,801 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in XMPT. Royal Bank of Canada increased its holdings in VanEck CEF Muni Income ETF by 0.6% in the 4th quarter. Royal Bank of Canada now owns 146,701 shares of the company’s stock worth $3,210,000 after acquiring an additional 946 shares in the last quarter. WealthShield Partners LLC increased its stake in shares of VanEck CEF Muni Income ETF by 14.4% in the fourth quarter. WealthShield Partners LLC now owns 9,115 shares of the company’s stock worth $199,000 after purchasing an additional 1,145 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of VanEck CEF Muni Income ETF during the 3rd quarter valued at $26,000. Bank of America Corp DE raised its position in shares of VanEck CEF Muni Income ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 489,769 shares of the company’s stock valued at $10,530,000 after purchasing an additional 1,258 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its stake in shares of VanEck CEF Muni Income ETF by 9.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,139 shares of the company’s stock valued at $361,000 after buying an additional 1,436 shares in the last quarter.

VanEck CEF Muni Income ETF Price Performance

XMPT stock opened at $22.08 on Friday. VanEck CEF Muni Income ETF has a one year low of $20.53 and a one year high of $22.66. The company’s 50 day moving average price is $21.91 and its two-hundred day moving average price is $21.97.

About VanEck CEF Muni Income ETF

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.