Short Interest in Rockefeller California Municipal Bond ETF (NYSEARCA:RMCA) Drops By 66.6%

Rockefeller California Municipal Bond ETF (NYSEARCA:RMCA) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,598 shares, a drop of 66.6% from the February 26th total of 4,785 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,896 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 1,896 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Rockefeller California Municipal Bond ETF Price Performance

Shares of RMCA stock remained flat at $23.92 on Wednesday. The stock had a trading volume of 5,721 shares, compared to its average volume of 3,670. Rockefeller California Municipal Bond ETF has a 12 month low of $22.68 and a 12 month high of $24.75. The firm’s 50 day moving average price is $24.28 and its 200 day moving average price is $24.29.

Rockefeller California Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a dividend of $0.0801 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a yield of 4.0%. This is an increase from Rockefeller California Municipal Bond ETF’s previous monthly dividend of $0.08.

Rockefeller California Municipal Bond ETF Company Profile

The Rockefeller California Municipal Bond ETF (RMCA) 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 California income tax. Municipal bonds could be of any maturity or credit quality. RMCA was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.