Short Interest in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Declines By 21.6%

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 18,263 shares, a decline of 21.6% from the March 31st total of 23,285 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 68,373 shares, the days-to-cover ratio is currently 0.3 days.

Hartford Municipal Opportunities ETF Trading Up 0.0%

Shares of HMOP stock opened at $39.03 on Friday. The business’s 50 day moving average is $39.20 and its two-hundred day moving average is $39.26. Hartford Municipal Opportunities ETF has a twelve month low of $37.66 and a twelve month high of $39.91.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

Large investors have recently bought and sold shares of the company. Abound Financial LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF in the fourth quarter valued at about $27,000. Wells Fargo & Company MN increased its stake in shares of Hartford Municipal Opportunities ETF by 201,700.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,018 shares of the company’s stock worth $79,000 after acquiring an additional 2,017 shares during the period. Evolution Wealth Management Inc. purchased a new position in Hartford Municipal Opportunities ETF during the third quarter worth about $115,000. United Community Bank purchased a new position in Hartford Municipal Opportunities ETF during the third quarter worth about $116,000. Finally, Fifth Third Bancorp acquired a new stake in Hartford Municipal Opportunities ETF in the first quarter valued at about $118,000.

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.