VanEck Long Muni ETF (BATS:MLN) Short Interest Update

VanEck Long Muni ETF (BATS:MLN) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 57,553 shares, an increase of 159.0% from the May 31st total of 22,225 shares. Based on an average daily trading volume, of 214,586 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

VanEck Long Muni ETF Stock Up 0.3%

BATS MLN opened at $17.81 on Tuesday. The business has a 50 day simple moving average of $17.60 and a 200 day simple moving average of $17.57. VanEck Long Muni ETF has a one year low of $16.50 and a one year high of $17.82.

Hedge Funds Weigh In On VanEck Long Muni ETF

Large investors have recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of VanEck Long Muni ETF by 7.6% during the first quarter. Bank of America Corp DE now owns 3,326,592 shares of the company’s stock worth $58,016,000 after acquiring an additional 234,656 shares in the last quarter. Raymond James Financial Inc. lifted its position in VanEck Long Muni ETF by 37.5% in the 3rd quarter. Raymond James Financial Inc. now owns 2,720,172 shares of the company’s stock valued at $47,549,000 after acquiring an additional 742,038 shares in the last quarter. Kestra Investment Management LLC boosted its stake in VanEck Long Muni ETF by 28.8% during the 4th quarter. Kestra Investment Management LLC now owns 2,244,274 shares of the company’s stock valued at $39,344,000 after purchasing an additional 502,142 shares during the last quarter. LPL Financial LLC boosted its stake in VanEck Long Muni ETF by 36.2% during the 4th quarter. LPL Financial LLC now owns 1,929,772 shares of the company’s stock valued at $33,831,000 after purchasing an additional 512,405 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in VanEck Long Muni ETF by 291.0% during the 2nd quarter. Jane Street Group LLC now owns 1,863,224 shares of the company’s stock worth $31,470,000 after purchasing an additional 1,386,685 shares in the last quarter.

VanEck Long Muni ETF Company Profile

The VanEck Long Muni ETF (MLN) 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 at least 17 years. MLN was launched on Jan 2, 2008 and is managed by VanEck.