Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Sees Significant Increase in Short Interest

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 90,689 shares, an increase of 121.6% from the September 30th total of 40,922 shares. Based on an average daily volume of 234,905 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Rockefeller Opportunistic Municipal Bond ETF stock. NewEdge Advisors LLC acquired a new position in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,979 shares of the company’s stock, valued at approximately $76,000.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

Rockefeller Opportunistic Municipal Bond ETF has a 52 week low of $23.13 and a 52 week high of $25.61. The business’s 50-day moving average is $24.07 and its 200-day moving average is $24.92.

Rockefeller Opportunistic Municipal Bond ETF Company Profile

The Rockefeller Opportunistic Municipal Bond ETF (RMOP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in US municipal bonds. Municipal bonds could be of any credit quality or maturity that are exempt from federal income taxes. RMOP was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.