VanEck Long Muni ETF (BATS:MLN) Short Interest Down 47.0% in May

VanEck Long Muni ETF (BATS:MLNGet Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 22,225 shares, a decrease of 47.0% from the May 14th total of 41,923 shares. Based on an average daily trading volume, of 393,646 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

VanEck Long Muni ETF Stock Performance

MLN opened at $17.62 on Monday. VanEck Long Muni ETF has a 12 month low of $16.50 and a 12 month high of $17.82. The company has a fifty day simple moving average of $17.57 and a 200 day simple moving average of $17.56.

Institutional Trading of VanEck Long Muni ETF

Large investors have recently made changes to their positions in the company. Capital Investment Advisory Services LLC bought a new stake in shares of VanEck Long Muni ETF in the 4th quarter valued at $25,000. Cornerstone Planning Group LLC increased its position in shares of VanEck Long Muni ETF by 63.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,674 shares of the company’s stock valued at $29,000 after buying an additional 652 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of VanEck Long Muni ETF in the 1st quarter valued at $31,000. LGT Financial Advisors LLC increased its position in shares of VanEck Long Muni ETF by 82.2% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,862 shares of the company’s stock valued at $33,000 after buying an additional 840 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of VanEck Long Muni ETF in the 4th quarter valued at $34,000.

VanEck Long Muni ETF Company Profile

(Get Free Report)

The VanEck Long Muni ETF (MLN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of at least 17 years. MLN was launched on Jan 2, 2008 and is managed by VanEck.

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