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

Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 33,284 shares, a growth of 140.6% from the September 30th total of 13,835 shares. Based on an average daily volume of 46,059 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are sold short.

Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Performance

Shares of RVNU traded up $0.01 during trading on Friday, reaching $23.76. The company’s stock had a trading volume of 43,814 shares, compared to its average volume of 28,145. The company has a fifty day moving average of $23.75 and a two-hundred day moving average of $24.59. Xtrackers Municipal Infrastructure Revenue Bond ETF has a twelve month low of $22.92 and a twelve month high of $25.40.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RVNU. Bank of New York Mellon Corp boosted its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% during the 1st quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock valued at $13,101,000 after purchasing an additional 21,119 shares in the last quarter. Confluence Investment Management LLC acquired a new position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the 2nd quarter worth approximately $1,825,000. Finally, Ascentis Independent Advisors raised its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% in the 1st quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock worth $583,000 after purchasing an additional 11,359 shares in the last quarter.

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.