Short Interest in VanEck CEF Muni Income ETF (BATS:XMPT) Drops By 43.4%

VanEck CEF Muni Income ETF (BATS:XMPTGet Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 6,590 shares, a decrease of 43.4% from the May 31st total of 11,633 shares. Based on an average daily trading volume, of 33,798 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

VanEck CEF Muni Income ETF Trading Down 0.0%

Shares of XMPT opened at $22.34 on Wednesday. VanEck CEF Muni Income ETF has a 1-year low of $20.53 and a 1-year high of $22.66. The firm has a 50-day simple moving average of $21.86 and a two-hundred day simple moving average of $21.95.

Hedge Funds Weigh In On VanEck CEF Muni Income ETF

Hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in VanEck CEF Muni Income ETF in the 3rd quarter valued at approximately $26,000. Kestra Advisory Services LLC purchased a new position in shares of VanEck CEF Muni Income ETF during the fourth quarter worth $50,000. International Assets Investment Management LLC purchased a new position in shares of VanEck CEF Muni Income ETF during the first quarter worth $54,000. Wells Fargo & Company MN acquired a new stake in shares of VanEck CEF Muni Income ETF in the fourth quarter valued at $158,000. Finally, Comerica Bank acquired a new stake in shares of VanEck CEF Muni Income ETF in the third quarter valued at $183,000.

VanEck CEF Muni Income ETF Company Profile

(Get Free Report)

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.

Recommended Stories

Receive News & Ratings for VanEck CEF Muni Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck CEF Muni Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.