Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Stock Short Interest Report for October

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,009 shares, a drop of 94.0% from the October 15th total of 33,284 shares. Based on an average daily volume of 37,975 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Xtrackers Municipal Infrastructure Revenue Bond ETF Price Performance

Shares of Xtrackers Municipal Infrastructure Revenue Bond ETF stock traded down $0.09 on Tuesday, reaching $24.05. The stock had a trading volume of 10,878 shares, compared to its average volume of 28,040. The business’s 50-day moving average price is $23.67 and its two-hundred day moving average price is $24.56. Xtrackers Municipal Infrastructure Revenue Bond ETF has a fifty-two week low of $22.92 and a fifty-two week high of $25.40.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Centennial Bank AR bought a new position in Xtrackers Municipal Infrastructure Revenue Bond ETF in the 3rd quarter worth $130,000. Bank of New York Mellon Corp boosted its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% during the first quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock valued at $13,101,000 after acquiring an additional 21,119 shares during the period. Finally, Confluence Investment Management LLC bought a new stake in Xtrackers Municipal Infrastructure Revenue Bond ETF during the second quarter valued at about $1,825,000.

About Xtrackers Municipal Infrastructure Revenue Bond ETF

The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade muni bonds backed by revenue from infrastructure projects. Constituents have at least 10 years remaining to maturity. RVNU was launched on Jun 4, 2013 and is managed by Xtrackers.