Rareview Tax Advantaged Income ETF (BATS:RTAI) Short Interest Down 98.8% in May

Rareview Tax Advantaged Income ETF (BATS:RTAI) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 48 shares, a decline of 98.8% from the April 30th total of 4,022 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,731 shares, the short-interest ratio is presently 0.0 days.

Rareview Tax Advantaged Income ETF Price Performance

BATS:RTAI opened at $21.34 on Thursday. The stock’s 50 day simple moving average is $21.08 and its 200-day simple moving average is $21.28. Rareview Tax Advantaged Income ETF has a 12-month low of $19.92 and a 12-month high of $22.18.

About Rareview Tax Advantaged Income ETF

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.