Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) Stock Short Interest Report for October

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 2,009 shares, a decrease of 94.0% from the October 15th total of 33,284 shares. Based on an average daily volume of 37,975 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Down 0.4%

Shares of Xtrackers Municipal Infrastructure Revenue Bond ETF stock traded down $0.09 during midday trading on Tuesday, reaching $24.05. 10,878 shares of the company’s stock traded hands, compared to its average volume of 28,040. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 52 week low of $22.92 and a 52 week high of $25.40. The company’s 50 day simple moving average is $23.67 and its 200 day simple moving average is $24.56.

Hedge Funds Weigh In On Xtrackers Municipal Infrastructure Revenue Bond ETF

Several hedge funds have recently bought and sold shares of the business. Centennial Bank AR acquired a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF during the 3rd quarter valued at about $130,000. Bank of New York Mellon Corp lifted its holdings in Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock worth $13,101,000 after purchasing an additional 21,119 shares during the last quarter. Finally, Confluence Investment Management LLC acquired a new stake in Xtrackers Municipal Infrastructure Revenue Bond ETF in the 2nd quarter worth approximately $1,825,000.

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.