Rareview Tax Advantaged Income ETF (BATS:RTAI) Sees Large Growth in Short Interest

Rareview Tax Advantaged Income ETF (BATS:RTAIGet Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 540 shares, a growth of 650.0% from the June 30th total of 72 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 274 shares, the days-to-cover ratio is currently 2.0 days.

Rareview Tax Advantaged Income ETF Stock Performance

BATS:RTAI opened at $20.95 on Monday. Rareview Tax Advantaged Income ETF has a 12-month low of $19.92 and a 12-month high of $22.18. The business has a 50 day simple moving average of $21.35 and a 200 day simple moving average of $21.34.

Rareview Tax Advantaged Income ETF Company Profile

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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.

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