Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Short Interest Update

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 14,978 shares, a decline of 66.6% from the July 15th total of 44,811 shares. Based on an average daily volume of 66,526 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its stake in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 146.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 864,500 shares of the company’s stock after purchasing an additional 513,629 shares during the quarter. Rockefeller Opportunistic Municipal Bond ETF accounts for about 1.0% of SouthState Bank Corp’s portfolio, making the stock its 23rd biggest position. SouthState Bank Corp owned approximately 7.14% of Rockefeller Opportunistic Municipal Bond ETF worth $21,638,000 as of its most recent filing with the Securities & Exchange Commission.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

The business has a fifty day moving average of $25.34 and a two-hundred day moving average of $25.21. Rockefeller Opportunistic Municipal Bond ETF has a one year low of $24.01 and a one year 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.