Short Interest in Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Declines By 37.9%

Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 6,527 shares, a decrease of 37.9% from the April 30th total of 10,518 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,615 shares, the days-to-cover ratio is presently 0.8 days.

Rockefeller New York Municipal Bond ETF Price Performance

Rockefeller New York Municipal Bond ETF stock opened at $24.67 on Wednesday. Rockefeller New York Municipal Bond ETF has a 1-year low of $23.52 and a 1-year high of $24.99. The company’s 50-day moving average is $24.48 and its 200 day moving average is $24.53.

Institutional Trading of Rockefeller New York Municipal Bond ETF

A hedge fund recently bought a new stake in Rockefeller New York Municipal Bond ETF stock. JPMorgan Chase & Co. acquired a new position in Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,145 shares of the company’s stock, valued at approximately $244,000. JPMorgan Chase & Co. owned 1.45% of Rockefeller New York Municipal Bond ETF at the end of the most recent reporting period.

About Rockefeller New York Municipal Bond ETF

The Rockefeller New York Municipal Bond ETF (RMNY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund broadly invests in bonds that are exempt from regular federal income tax and New York income tax. Municipal bonds could be of any maturity or credit quality. RMNY was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.