BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Sees Significant Decrease in Short Interest

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 20,300 shares, a decrease of 59.0% from the November 30th total of 49,500 shares. Based on an average daily volume of 69,300 shares, the days-to-cover ratio is currently 0.3 days.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.5 %

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock traded down $0.05 during trading on Friday, hitting $10.27. 154,322 shares of the company were exchanged, compared to its average volume of 68,980. BNY Mellon Municipal Bond Infrastructure Fund has a fifty-two week low of $9.93 and a fifty-two week high of $11.27. The firm has a 50 day moving average price of $10.74 and a 200 day moving average price of $10.80.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 18th will be given a $0.03 dividend. The ex-dividend date is Wednesday, December 18th. This represents a $0.36 annualized dividend and a dividend yield of 3.51%.

Institutional Trading of BNY Mellon Municipal Bond Infrastructure Fund

Large investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth about $5,513,000. Pine Valley Investments Ltd Liability Co boosted its position in BNY Mellon Municipal Bond Infrastructure Fund by 6.3% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 33,905 shares of the company’s stock worth $360,000 after acquiring an additional 2,000 shares during the last quarter. Matisse Capital raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 7.7% in the 2nd quarter. Matisse Capital now owns 371,400 shares of the company’s stock valued at $3,929,000 after acquiring an additional 26,417 shares during the last quarter. Blue Bell Private Wealth Management LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter valued at $249,000. Finally, Whitebox Advisors LLC purchased a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth $1,266,000.

About BNY Mellon Municipal Bond Infrastructure Fund

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.