Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Short Interest Update

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 17,103 shares, a drop of 34.0% from the November 30th total of 25,929 shares. Based on an average daily volume of 14,080 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 14,080 shares, the short-interest ratio is currently 1.2 days.

Xtrackers Municipal Infrastructure Revenue Bond ETF Price Performance

Shares of NYSEARCA:RVNU opened at $24.58 on Wednesday. Xtrackers Municipal Infrastructure Revenue Bond ETF has a fifty-two week low of $22.51 and a fifty-two week high of $25.52. The company’s 50-day moving average is $24.78 and its 200 day moving average is $24.30.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC bought a new stake in Xtrackers Municipal Infrastructure Revenue Bond ETF during the third quarter valued at $29,000. Bank of New York Mellon Corp raised its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 506,805 shares of the company’s stock valued at $12,158,000 after acquiring an additional 6,041 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 13.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 52,941 shares of the company’s stock valued at $1,270,000 after acquiring an additional 6,169 shares during the last quarter. OLD Mission Capital LLC grew its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 78.2% during the first quarter. OLD Mission Capital LLC now owns 21,302 shares of the company’s stock worth $525,000 after purchasing an additional 9,347 shares in the last quarter. Finally, Goodman Advisory Group LLC bought a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the second quarter worth approximately $2,206,000.

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.