Rareview Tax Advantaged Income ETF (BATS:RTAI) Short Interest Down 48.7% in August

Rareview Tax Advantaged Income ETF (BATS:RTAI) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 273 shares, a decline of 48.7% from the July 30th total of 532 shares. Based on an average daily trading volume, of 290 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Rareview Tax Advantaged Income ETF Stock Performance

Shares of BATS RTAI opened at $20.88 on Tuesday. The stock’s 50-day simple moving average is $21.23 and its two-hundred day simple moving average is $21.25. Rareview Tax Advantaged Income ETF has a twelve month low of $19.92 and a twelve month high of $22.18.

Rareview Tax Advantaged Income ETF Company Profile

The Rareview Tax Advantaged Income ETF (RTAI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively selects US municipal bond closed-end funds (CEFs), seeking to provide current income. RTAI was launched on Oct 21, 2020 and is managed by Rareview Funds.