Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Stock Short Interest Rises 1,037.7%

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 714,709 shares, a growth of 1,037.7% from the October 15th total of 62,821 shares. Based on an average trading volume of 484,025 shares, the short-interest ratio is currently 1.5 days. Approximately 3.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Retirement Planning Group LLC increased its position in shares of Hartford Municipal Opportunities ETF by 31.8% during the first quarter. Retirement Planning Group LLC now owns 101,917 shares of the company’s stock valued at $3,948,000 after buying an additional 24,612 shares during the period. NewEdge Advisors LLC boosted its position in shares of Hartford Municipal Opportunities ETF by 56.2% in the first quarter. NewEdge Advisors LLC now owns 87,750 shares of the company’s stock valued at $3,399,000 after acquiring an additional 31,590 shares during the period. Verus Capital Partners LLC boosted its position in shares of Hartford Municipal Opportunities ETF by 15.6% in the first quarter. Verus Capital Partners LLC now owns 142,450 shares of the company’s stock valued at $5,519,000 after acquiring an additional 19,172 shares during the period. RTD Financial Advisors Inc. boosted its position in shares of Hartford Municipal Opportunities ETF by 45.7% in the third quarter. RTD Financial Advisors Inc. now owns 103,705 shares of the company’s stock valued at $3,822,000 after acquiring an additional 32,529 shares during the period. Finally, Legacy Wealth Management LLC boosted its position in shares of Hartford Municipal Opportunities ETF by 2.3% in the second quarter. Legacy Wealth Management LLC now owns 617,517 shares of the company’s stock valued at $24,173,000 after acquiring an additional 14,050 shares during the period.

Hartford Municipal Opportunities ETF Price Performance

Shares of NYSEARCA HMOP traded up $0.17 during mid-day trading on Wednesday, hitting $38.45. The company had a trading volume of 113,316 shares, compared to its average volume of 145,212. Hartford Municipal Opportunities ETF has a 1 year low of $36.57 and a 1 year high of $39.91. The stock’s 50-day moving average price is $37.65 and its 200-day moving average price is $38.73.

Hartford Municipal Opportunities ETF Company Profile

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.