Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Shares Shorted: Short Interest Up 122.2% in September

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 40,922 shares, an increase of 122.2% from the September 15th total of 18,419 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 185,643 shares, the short-interest ratio is presently 0.2 days.

Rockefeller Opportunistic Municipal Bond ETF Trading Down 0.3%

RMOP traded down $0.06 during trading on Wednesday, hitting $23.48. The company had a trading volume of 269,205 shares, compared to its average volume of 102,768. Rockefeller Opportunistic Municipal Bond ETF has a 1-year low of $23.13 and a 1-year high of $25.61. The business has a 50-day moving average of $24.38 and a 200-day moving average of $24.94.

Hedge Funds Weigh In On Rockefeller Opportunistic Municipal Bond ETF

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

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.