Short Interest in Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Increases By 55.1%

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 30,740 shares, an increase of 55.1% from the January 15th total of 19,821 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 17,774 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 17,774 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the shares of the stock are short sold.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Up 0.2%

Shares of RVNU traded up $0.05 during trading hours on Friday, reaching $24.90. 21,709 shares of the stock traded hands, compared to its average volume of 20,244. The company’s 50-day moving average price is $24.68 and its two-hundred day moving average price is $24.52. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 52-week low of $22.51 and a 52-week high of $25.52.

Xtrackers Municipal Infrastructure Revenue Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Monday, February 2nd were given a $0.0767 dividend. The ex-dividend date was Monday, February 2nd. This is a positive change from Xtrackers Municipal Infrastructure Revenue Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.7%.

Institutional Trading of Xtrackers Municipal Infrastructure Revenue Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new position in Xtrackers Municipal Infrastructure Revenue Bond ETF in the 3rd quarter worth approximately $29,000. Ameriprise Financial Inc. grew its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 43.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 75,988 shares of the company’s stock valued at $1,875,000 after buying an additional 23,047 shares in the last quarter. Goodman Advisory Group LLC raised its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 166.4% during the third quarter. Goodman Advisory Group LLC now owns 244,982 shares of the company’s stock valued at $6,044,000 after buying an additional 153,032 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 1.2% during the second quarter. Bank of New York Mellon Corp now owns 506,805 shares of the company’s stock valued at $12,158,000 after buying an additional 6,041 shares during the last quarter.

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.