BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Short Interest Update

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 13,100 shares, a decline of 35.5% from the December 15th total of 20,300 shares. Based on an average trading volume of 72,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On BNY Mellon Municipal Bond Infrastructure Fund

Large investors have recently modified their holdings of the company. Rivernorth Capital Management LLC boosted its position in BNY Mellon Municipal Bond Infrastructure Fund by 4,237.3% during the third quarter. Rivernorth Capital Management LLC now owns 630,470 shares of the company’s stock valued at $7,036,000 after acquiring an additional 615,934 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 549,606 shares of the company’s stock valued at $6,134,000 after purchasing an additional 28,498 shares during the period. Pathstone Holdings LLC lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 133.2% in the 3rd quarter. Pathstone Holdings LLC now owns 388,899 shares of the company’s stock valued at $4,340,000 after purchasing an additional 222,114 shares during the period. Ackerman Capital Advisors LLC boosted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 12.3% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 153,597 shares of the company’s stock valued at $1,714,000 after purchasing an additional 16,835 shares in the last quarter. Finally, Whitebox Advisors LLC grew its stake in BNY Mellon Municipal Bond Infrastructure Fund by 5.2% during the third quarter. Whitebox Advisors LLC now owns 125,910 shares of the company’s stock worth $1,405,000 after purchasing an additional 6,269 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

DMB stock remained flat at $10.44 during trading on Friday. The company had a trading volume of 35,454 shares, compared to its average volume of 70,923. The stock has a 50 day moving average price of $10.63 and a 200-day moving average price of $10.78. BNY Mellon Municipal Bond Infrastructure Fund has a 1-year low of $9.93 and a 1-year high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Tuesday, January 21st will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Tuesday, January 21st.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.