Short Interest in Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Decreases By 57.3%

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 13,115 shares, a decrease of 57.3% from the January 29th total of 30,740 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 27,088 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 27,088 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

Xtrackers Municipal Infrastructure Revenue Bond ETF Trading Up 0.1%

NYSEARCA RVNU traded up $0.03 on Friday, reaching $25.13. 3,556 shares of the company’s stock traded hands, compared to its average volume of 17,510. 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 stock has a 50 day moving average price of $24.73 and a 200-day moving average price of $24.60.

Xtrackers Municipal Infrastructure Revenue Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Monday, February 2nd were issued a $0.0767 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from Xtrackers Municipal Infrastructure Revenue Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Trading of Xtrackers Municipal Infrastructure Revenue Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the third quarter worth about $29,000. Ameriprise Financial Inc. raised its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 13.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 52,941 shares of the company’s stock worth $1,270,000 after purchasing an additional 6,169 shares during the period. Goodman Advisory Group LLC purchased a new position in Xtrackers Municipal Infrastructure Revenue Bond ETF during the second quarter worth approximately $2,206,000. Finally, Bank of New York Mellon Corp grew its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 1.2% in 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 purchasing an additional 6,041 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.