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

VanEck Long Muni ETF (BATS:MLN) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 150,311 shares, an increase of 117.0% from the July 30th total of 69,261 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 163,603 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of VanEck Long Muni ETF

Several institutional investors and hedge funds have recently bought and sold shares of MLN. Cornerstone Planning Group LLC raised its position in VanEck Long Muni ETF by 63.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,674 shares of the company’s stock worth $29,000 after buying an additional 652 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of VanEck Long Muni ETF in the first quarter valued at about $31,000. LGT Financial Advisors LLC boosted its holdings in shares of VanEck Long Muni ETF by 82.2% in the third quarter. LGT Financial Advisors LLC now owns 1,862 shares of the company’s stock valued at $33,000 after acquiring an additional 840 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of VanEck Long Muni ETF during the fourth quarter worth about $34,000. Finally, Ascentis Independent Advisors acquired a new position in shares of VanEck Long Muni ETF during the first quarter worth about $88,000.

VanEck Long Muni ETF Stock Performance

MLN stock opened at $17.30 on Monday. The business has a 50 day moving average price of $17.53 and a 200 day moving average price of $17.56. VanEck Long Muni ETF has a fifty-two week low of $16.72 and a fifty-two week high of $17.82.

About VanEck Long Muni ETF

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.