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

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 33,284 shares, a growth of 140.6% from the September 30th total of 13,835 shares. Based on an average trading volume of 46,059 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On Xtrackers Municipal Infrastructure Revenue Bond ETF

Several hedge funds have recently made changes to their positions in the stock. Ascentis Independent Advisors boosted its stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% in the 1st quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock valued at $583,000 after purchasing an additional 11,359 shares in the last quarter. Confluence Investment Management LLC bought a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the 2nd quarter valued at about $1,825,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock worth $13,101,000 after purchasing an additional 21,119 shares during the last quarter.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Up 0.4%

Shares of RVNU stock traded up $0.09 during trading hours on Friday, reaching $23.84. 33,746 shares of the stock traded hands, compared to its average volume of 28,000. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 1-year low of $22.92 and a 1-year high of $25.40. The business has a fifty day moving average price of $23.76 and a 200 day moving average price of $24.59.

About Xtrackers Municipal Infrastructure Revenue Bond ETF

(Get Free Report)

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.

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