Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Update

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 7,296 shares, a drop of 78.3% from the July 15th total of 33,619 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 78,577 shares, the short-interest ratio is presently 0.1 days.

Hartford Municipal Opportunities ETF Stock Performance

NYSEARCA:HMOP traded down $0.08 during mid-day trading on Friday, hitting $38.71. 56,961 shares of the stock were exchanged, compared to its average volume of 73,274. The firm’s 50-day simple moving average is $38.97 and its 200 day simple moving average is $39.13. Hartford Municipal Opportunities ETF has a fifty-two week low of $38.13 and a fifty-two week high of $39.91.

Institutional Investors Weigh In On Hartford Municipal Opportunities ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HMOP. Abound Financial LLC bought a new stake in shares of Hartford Municipal Opportunities ETF in the fourth quarter valued at about $27,000. Wells Fargo & Company MN increased its position in Hartford Municipal Opportunities ETF by 201,700.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,018 shares of the company’s stock worth $79,000 after acquiring an additional 2,017 shares during the period. Fifth Third Bancorp bought a new position in Hartford Municipal Opportunities ETF during the first quarter worth about $118,000. Evolution Wealth Management Inc. raised its stake in Hartford Municipal Opportunities ETF by 76.3% in the 4th quarter. Evolution Wealth Management Inc. now owns 5,195 shares of the company’s stock worth $203,000 after purchasing an additional 2,248 shares in the last quarter. Finally, West Michigan Advisors LLC raised its stake in Hartford Municipal Opportunities ETF by 4.5% in the 4th quarter. West Michigan Advisors LLC now owns 5,877 shares of the company’s stock worth $231,000 after purchasing an additional 254 shares in the last quarter.

Hartford Municipal Opportunities ETF Company Profile

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.