Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Short Interest Down 51.9% in May

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 24,465 shares, a decrease of 51.9% from the April 30th total of 50,871 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 20,744 shares, the days-to-cover ratio is currently 1.2 days.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Down 0.2%

RVNU traded down $0.05 during trading on Monday, reaching $25.06. 15,595 shares of the company’s stock were exchanged, compared to its average volume of 22,539. The business has a 50 day moving average price of $24.78 and a 200 day moving average price of $24.76. Xtrackers Municipal Infrastructure Revenue Bond ETF has a fifty-two week low of $23.42 and a fifty-two week high of $25.15.

Institutional Trading of Xtrackers Municipal Infrastructure Revenue Bond ETF

Several large investors have recently made changes to their positions in the business. Bank of New York Mellon Corp raised its stake in Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% during the 1st quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock worth $13,101,000 after buying an additional 21,119 shares during the period. Goodman Advisory Group LLC raised its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 11.8% during the 1st quarter. Goodman Advisory Group LLC now owns 273,644 shares of the company’s stock worth $6,741,000 after buying an additional 28,787 shares during the period. Ameriprise Financial Inc. raised 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 worth $1,875,000 after buying an additional 23,047 shares during the period. Ascentis Independent Advisors raised its holdings 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 buying an additional 11,359 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 101.5% during the 4th quarter. NewEdge Advisors LLC now owns 2,354 shares of the company’s stock worth $58,000 after buying an additional 1,186 shares during the period.

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.