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

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 13,835 shares, an increase of 479.8% from the September 15th total of 2,386 shares. Based on an average daily trading volume, of 60,272 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Xtrackers Municipal Infrastructure Revenue Bond ETF Trading Up 1.2%

Shares of RVNU traded up $0.28 during mid-day trading on Friday, reaching $23.32. The stock had a trading volume of 84,112 shares, compared to its average volume of 27,552. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 52-week low of $22.92 and a 52-week high of $25.40. The business’s fifty day moving average is $24.08 and its 200 day moving average is $24.64.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Confluence Investment Management LLC acquired a new position in Xtrackers Municipal Infrastructure Revenue Bond ETF in the 2nd quarter valued at about $1,825,000. Goodman Advisory Group LLC grew its stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 11.8% in the first quarter. Goodman Advisory Group LLC now owns 273,644 shares of the company’s stock worth $6,741,000 after acquiring an additional 28,787 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% in 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 purchasing an additional 21,119 shares during the period. Finally, Ascentis Independent Advisors grew its stake in Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% during the 1st quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock worth $583,000 after purchasing an additional 11,359 shares in the last quarter.

Xtrackers Municipal Infrastructure Revenue Bond ETF Company Profile

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.