BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Short Interest Down 39.9% in June

Posted by George Bondi on Jul 18th, 2026

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 44,646 shares, a decrease of 39.9% from the June 15th total of 74,300 shares. Based on an average daily trading volume, of 136,351 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

BNY Mellon Strategic Municipal Bond Fund Trading Down 0.1%

DSM traded down $0.01 during trading hours on Friday, hitting $6.04. The stock had a trading volume of 48,620 shares, compared to its average volume of 124,705. BNY Mellon Strategic Municipal Bond Fund has a 1 year low of $5.45 and a 1 year high of $6.30. The company’s fifty day simple moving average is $6.10 and its 200 day simple moving average is $6.10.

BNY Mellon Strategic Municipal Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th will be paid a $0.03 dividend. The ex-dividend date is Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 6.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DSM. Cerity Partners LLC bought a new stake in BNY Mellon Strategic Municipal Bond Fund during the 2nd quarter valued at $56,000. Nomura Holdings Inc. bought a new position in shares of BNY Mellon Strategic Municipal Bond Fund in the third quarter worth $74,000. BOKF NA bought a new stake in shares of BNY Mellon Strategic Municipal Bond Fund during the 4th quarter valued at $79,000. Janney Montgomery Scott LLC lifted its holdings in BNY Mellon Strategic Municipal Bond Fund by 22.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 15,331 shares of the investment management company’s stock worth $95,000 after purchasing an additional 2,765 shares in the last quarter. Finally, Novak & Powell Financial Services Inc. bought a new position in BNY Mellon Strategic Municipal Bond Fund in the 4th quarter worth about $111,000.

BNY Mellon Strategic Municipal Bond Fund Company Profile

(Get Free Report)

BNY Mellon Strategic Municipal Bond Fund Inc (NYSE: DSM) is a closed-end, diversified management investment company sponsored by The Bank of New York Mellon Corporation. Launched in 2007, DSM is listed on the New York Stock Exchange and offers investors access to a professionally managed portfolio of municipal debt securities. As a publicly traded fund, DSM combines the liquidity of the secondary market with the long-term investment horizon of a mutual fund structure.

The fund’s primary objective is to provide current income exempt from federal income tax.