BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Short Interest Down 59.0% in December

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 20,300 shares, a decline of 59.0% from the November 30th total of 49,500 shares. Based on an average daily trading volume, of 69,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DMB. Allspring Global Investments Holdings LLC purchased a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter valued at about $5,513,000. Pine Valley Investments Ltd Liability Co boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 6.3% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 33,905 shares of the company’s stock valued at $360,000 after purchasing an additional 2,000 shares during the period. Matisse Capital increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 7.7% during the 2nd quarter. Matisse Capital now owns 371,400 shares of the company’s stock worth $3,929,000 after buying an additional 26,417 shares during the period. Blue Bell Private Wealth Management LLC purchased a new stake in BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth approximately $249,000. Finally, Whitebox Advisors LLC acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth approximately $1,266,000.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.5 %

NYSE DMB traded down $0.05 during trading hours on Friday, reaching $10.27. The company had a trading volume of 154,322 shares, compared to its average volume of 68,982. BNY Mellon Municipal Bond Infrastructure Fund has a 1-year low of $9.93 and a 1-year high of $11.27. The stock has a 50-day moving average of $10.72 and a 200 day moving average of $10.80.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 18th will be given a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Wednesday, December 18th.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.