BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 55,800 shares, a growth of 102.9% from the February 13th total of 27,500 shares. Based on an average daily trading volume, of 67,900 shares, the days-to-cover ratio is presently 0.8 days.
BNY Mellon Municipal Bond Infrastructure Fund Stock Performance
DMB stock traded up $0.02 on Friday, reaching $10.64. The company’s stock had a trading volume of 41,121 shares, compared to its average volume of 66,332. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.93 and a 52 week high of $11.28. The firm has a fifty day moving average of $10.57 and a two-hundred day moving average of $10.75.
BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Tuesday, March 18th.
Hedge Funds Weigh In On BNY Mellon Municipal Bond Infrastructure Fund
BNY Mellon Municipal Bond Infrastructure Fund Company Profile
BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.
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