Rareview Tax Advantaged Income ETF (BATS:RTAI) Short Interest Up 650.0% in July

Rareview Tax Advantaged Income ETF (BATS:RTAI) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 540 shares, an increase of 650.0% from the June 30th total of 72 shares. Based on an average daily volume of 274 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.1% of the company’s stock are short sold.

Rareview Tax Advantaged Income ETF Stock Down 0.3%

Shares of Rareview Tax Advantaged Income ETF stock opened at $20.95 on Friday. The business has a fifty day simple moving average of $21.35 and a 200-day simple moving average of $21.34. Rareview Tax Advantaged Income ETF has a 12 month low of $19.92 and a 12 month high of $22.18.

About Rareview Tax Advantaged Income ETF

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.