Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Short Interest Up 754.4% in August

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 159,801 shares, an increase of 754.4% from the August 15th total of 18,703 shares. Based on an average daily volume of 147,520 shares, the short-interest ratio is presently 1.1 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A number of large investors have recently modified their holdings of the stock. SouthState Bank Corp raised its holdings in shares of Rockefeller Opportunistic Municipal Bond ETF by 146.4% during the 4th quarter. SouthState Bank Corp now owns 864,500 shares of the company’s stock valued at $21,638,000 after buying an additional 513,629 shares during the period. Brown Brothers Harriman & Co. acquired a new position in Rockefeller Opportunistic Municipal Bond ETF during the 4th quarter worth approximately $304,000. Finally, NewEdge Advisors LLC purchased a new position in Rockefeller Opportunistic Municipal Bond ETF in the 2nd quarter worth approximately $76,000.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

NYSEARCA:RMOP opened at $24.21 on Friday. The business’s 50-day moving average is $25.10 and its two-hundred day moving average is $25.16. Rockefeller Opportunistic Municipal Bond ETF has a 12 month low of $24.17 and a 12 month high of $25.61.

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.