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 recipient of a large increase in short interest in 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. Based on an average daily volume of 185,643 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A hedge fund recently bought a new position in Rockefeller Opportunistic Municipal Bond ETF stock. NewEdge Advisors LLC purchased a new position in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,979 shares of the company’s stock, valued at approximately $76,000.

Rockefeller Opportunistic Municipal Bond ETF Stock Performance

RMOP stock opened at $23.42 on Tuesday. The stock’s 50 day moving average is $24.41 and its two-hundred day moving average is $24.95. Rockefeller Opportunistic Municipal Bond ETF has a 52-week low of $23.13 and a 52-week 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.