VanEck CEF Muni Income ETF (BATS:XMPT) Short Interest Update

VanEck CEF Muni Income ETF (BATS:XMPT) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 18,110 shares, a drop of 55.0% from the April 30th total of 40,264 shares. Based on an average trading volume of 32,336 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

VanEck CEF Muni Income ETF Price Performance

Shares of VanEck CEF Muni Income ETF stock opened at $21.99 on Friday. The stock has a 50 day moving average price of $21.70 and a two-hundred day moving average price of $21.94. VanEck CEF Muni Income ETF has a 52 week low of $20.53 and a 52 week high of $22.66.

Institutional Trading of VanEck CEF Muni Income ETF

Hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of VanEck CEF Muni Income ETF in the third quarter valued at $26,000. Kestra Advisory Services LLC bought a new stake in shares of VanEck CEF Muni Income ETF in the fourth quarter valued at $50,000. International Assets Investment Management LLC bought a new stake in shares of VanEck CEF Muni Income ETF in the first quarter valued at $54,000. Ameritas Advisory Services LLC bought a new stake in shares of VanEck CEF Muni Income ETF in the third quarter valued at $111,000. Finally, Wells Fargo & Company MN bought a new stake in shares of VanEck CEF Muni Income ETF during the 4th quarter valued at $158,000.

VanEck CEF Muni Income ETF Company Profile

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.