Traders are a little more bullish of late if you take note of the change in short interest. The stock realized a fall in short interest between October 13, 2017 and October 31, 2017 of -31.48%. Short interest decreased from 9,209 to 6,310 over that period. Days to cover decreased from 0.0 to 0.0 and the short interest percentage is 0.00% as of October 31.
These funds have shifted positions in (DMB). Cambridge Investment Research Advisors, Inc. bolstered its position by buying 44 shares an increase of 0.1% in the quarter. Cambridge Investment Research Advisors, Inc. now holds 30,510 shares valued at $408,000. The value of the position overall is up by 2.3%. As of the end of the quarter Van Eck Associates Corp had acquired a total of 2,904 shares growing its stake by 5.8%. The value of the total investment in Dreyfus Municipal Bond Infrastr increased from $658,000 to $710,000 a change of $52,000 quarter over quarter.
Stifel Financial Corp divested its stake by selling 1,500 shares a decrease of 8.6% from 06/30/2017 to 09/30/2017. Stifel Financial Corp claims 16,000 shares with a value of $214,000. The total value of its holdings decreased 7.0%. As of quarter end Raymond James & Associates had sold 34,232 shares trimming its holdings by 8.8%. The value of the investment in DMB went from $5,100,000 to $4,748,000 decreasing 6.9% for the reporting period.
The company is now up from yesterday’s close of 13.05. The most current P/E ratio is N/A and the market value is 240.25M.
Dreyfus Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by The Dreyfus Corporation. 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. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody’s with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Infrastructure Fund, Inc. Dreyfus Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States..