VanEck Short Muni ETF (BATS:SMB) Short Interest Update

VanEck Short Muni ETF (BATS:SMB) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 13,979 shares, a decrease of 57.7% from the August 15th total of 33,011 shares. Based on an average trading volume of 57,623 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its position in shares of VanEck Short Muni ETF by 47.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 65,073 shares of the company’s stock worth $1,129,000 after purchasing an additional 20,994 shares in the last quarter. RFG Advisory LLC bought a new position in shares of VanEck Short Muni ETF in the second quarter valued at approximately $245,000. IMPACTfolio LLC grew its stake in VanEck Short Muni ETF by 0.9% in the 2nd quarter. IMPACTfolio LLC now owns 174,525 shares of the company’s stock valued at $3,028,000 after purchasing an additional 1,601 shares during the period. PCG Wealth Advisors LLC bought a new position in VanEck Short Muni ETF during the second quarter valued at about $121,000. Finally, TD Waterhouse Canada Inc. bought a new position in shares of VanEck Short Muni ETF during the 2nd quarter valued at approximately $53,000.

VanEck Short Muni ETF Stock Down 0.1%

BATS:SMB opened at $17.05 on Tuesday. The firm’s fifty day moving average is $17.22 and its 200-day moving average is $17.29. VanEck Short Muni ETF has a 52 week low of $17.00 and a 52 week high of $17.53.

VanEck Short Muni ETF Company Profile

The VanEck Short Muni ETF (SMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of 1-6 years. SMB was launched on Feb 22, 2008 and is managed by VanEck.