Mainstay 世邦魏理仕全球基础设施大趋势基金（纽约证券交易所代码：MEGI）的空头利率下降了66.5％

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI – Get Rating) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 14,700 shares, a decline of 66.5% from the January 15th total of 43,900 shares. Based on an average daily volume of 237,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MEGI. Penserra Capital Management LLC purchased a new position in MainStay CBRE Global Infrastructure Megatrends Fund in the first quarter valued at about $12,184,000. FCA Corp TX purchased a new position in MainStay CBRE Global Infrastructure Megatrends Fund in the first quarter valued at about $1,172,000. Royal Bank of Canada boosted its stake in MainStay CBRE Global Infrastructure Megatrends Fund by 622.2% in the first quarter. Royal Bank of Canada now owns 43,627 shares of the company's stock valued at $827,000 after acquiring an additional 37,586 shares during the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of MainStay CBRE Global Infrastructure Megatrends Fund during the 1st quarter valued at approximately $198,000. Finally, Bank of America Corp DE lifted its stake in shares of MainStay CBRE Global Infrastructure Megatrends Fund by 165.0% during the 1st quarter. Bank of America Corp DE now owns 117,537 shares of the company's stock valued at $2,228,000 after buying an additional 73,183 shares in the last quarter.

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MainStay CBRE Global Infrastructure Megatrends Fund Stock Up 1.7 %

MainStay CBRE Global Infrastructure Megatrends Fund stock traded up $0.25 during midday trading on Monday, hitting $14.99. 51,749 shares of the stock were exchanged, compared to its average volume of 140,478. MainStay CBRE Global Infrastructure Megatrends Fund has a 52-week low of $11.43 and a 52-week high of $19.63. The business's 50-day moving average price is $14.50 and its 200-day moving average price is $14.50.

MainStay CBRE Global Infrastructure Megatrends Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, January 31st. Investors of record on Monday, January 23rd were issued a dividend of $0.1083 per share. The ex-dividend date was Friday, January 20th. This is a boost from MainStay CBRE Global Infrastructure Megatrends Fund's previous monthly dividend of $0.11. This represents a $1.30 annualized dividend and a yield of 8.67%.

About MainStay CBRE Global Infrastructure Megatrends Fund

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The Fund's investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies.

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