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

Rareview Tax Advantaged Income ETF (BATS:RTAI) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 50 shares, a drop of 93.1% from the October 15th total of 726 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 369 shares, the short-interest ratio is presently 0.1 days.

Rareview Tax Advantaged Income ETF Stock Performance

RTAI stock traded down $0.33 during midday trading on Tuesday, hitting $19.65. The company’s stock had a trading volume of 57 shares, compared to its average volume of 1,120. The firm’s 50-day moving average is $19.48 and its 200-day moving average is $20.83. Rareview Tax Advantaged Income ETF has a 12 month low of $18.36 and a 12 month high of $22.18.

Rareview Tax Advantaged Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, November 3rd were given a $0.0811 dividend. This is a negative change from Rareview Tax Advantaged Income ETF’s previous monthly dividend of $0.0895. The ex-dividend date of this dividend was Tuesday, November 3rd. This represents a $0.97 dividend on an annualized basis and a yield of 5.0%.

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.