Rareview Tax Advantaged Income ETF (BATS:RTAI) Stock Short Interest Report for October

Rareview Tax Advantaged Income ETF (BATS:RTAI) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 726 shares, a growth of 101.1% from the September 30th total of 361 shares. Based on an average trading volume of 690 shares, the short-interest ratio is presently 1.1 days. Approximately 0.1% of the company’s stock are sold short.

Rareview Tax Advantaged Income ETF Trading Up 0.3%

Shares of BATS:RTAI opened at $19.81 on Friday. Rareview Tax Advantaged Income ETF has a 52-week low of $18.36 and a 52-week high of $22.18. The business’s 50 day simple moving average is $19.62 and its two-hundred day simple moving average is $20.88.

Rareview Tax Advantaged Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 5th. Shareholders of record on Friday, October 2nd were given a dividend of $0.0895 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.07 annualized dividend and a dividend yield of 5.4%. This is an increase from Rareview Tax Advantaged Income ETF’s previous monthly dividend of $0.0863.

Rareview Tax Advantaged Income ETF Company Profile

The Rareview Tax Advantaged Income ETF (RTAI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively selects US municipal bond closed-end funds (CEFs), seeking to provide current income. RTAI was launched on Oct 21, 2020 and is managed by Rareview Funds.