VanEck CEF Muni Income ETF (BATS:XMPT) Shares Shorted: Short Interest Up 111.4% in September

VanEck CEF Muni Income ETF (BATS:XMPT) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 68,474 shares, an increase of 111.4% from the September 15th total of 32,396 shares. Based on an average daily trading volume, of 127,033 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the shares of the company are sold short.

VanEck CEF Muni Income ETF Price Performance

XMPT opened at $19.10 on Thursday. VanEck CEF Muni Income ETF has a 1-year low of $18.80 and a 1-year high of $22.66. The business has a 50 day moving average of $20.52 and a 200-day moving average of $21.37.

Hedge Funds Weigh In On VanEck CEF Muni Income ETF

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of VanEck CEF Muni Income ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 489,769 shares of the company’s stock valued at $10,530,000 after buying an additional 1,258 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in VanEck CEF Muni Income ETF during the second quarter worth about $8,583,000. Proficio Capital Partners LLC acquired a new stake in VanEck CEF Muni Income ETF during the second quarter worth about $7,653,000. RPg Family Wealth Advisory LLC acquired a new stake in VanEck CEF Muni Income ETF during the second quarter worth about $7,358,000. Finally, Symphony Financial Ltd. Co. bought a new position in VanEck CEF Muni Income ETF during the second quarter valued at about $7,277,000.

VanEck CEF Muni Income ETF Company Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.