2 weeks Ago By ABMN Staff
BNY Mellon Strategic Municipal Bond Fund, Inc. ( NYSE:DSM – Get Free Report ) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 85,300 shares, a growth of 150.
1% from the August 31st total of 34,100 shares. Based on an average trading volume of 115,300 shares, the days-to-cover ratio is currently 0.7 days.
BNY Mellon Strategic Municipal Bond Fund Trading Down 0.2 % Shares of BNY Mellon Strategic Municipal Bond Fund stock opened at $6.22 on Friday.
BNY Mellon Strategic Municipal Bond Fund has a 1 year low of $4.69 and a 1 year high of $6.38.
The firm’s 50-day moving average is $6.11 and its 200 day moving average is $5.89.
BNY Mellon Strategic Municipal Bond Fund Announces Dividend The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be issued a dividend of $0.018 per share.
This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.48%.
The ex-dividend date is Monday, September 16th. Institutional Investors Weigh In On BNY Mellon Strategic Municipal Bond Fund BNY Mellon Strategic Municipal Bond Fund Company Profile ( Get Free Report ) BNY Mellon Strategic Municipal Bond 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 investment grade municipal bonds which are exempt from federal income tax.
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