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

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,100 shares, a decrease of 35.8% from the August 15th total of 9,500 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 38,400 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 38,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Up 0.4%

Shares of RVNU stock opened at $24.60 on Wednesday. The business’s fifty day simple moving average is $23.76 and its 200-day simple moving average is $24.03. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 12-month low of $22.51 and a 12-month high of $26.27.

Hedge Funds Weigh In On Xtrackers Municipal Infrastructure Revenue Bond ETF

Large investors have recently made changes to their positions in the business. OLD Mission Capital LLC increased its position 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. Ameriprise Financial Inc. increased its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 26.5% in the 4th quarter. Ameriprise Financial Inc. now owns 49,318 shares of the company’s stock valued at $1,246,000 after acquiring an additional 10,343 shares during the period. Goodman Advisory Group LLC acquired a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the 2nd quarter valued at $2,206,000. Finally, Bank of New York Mellon Corp increased its position 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 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.