Short Interest in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Declines By 66.6%

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 14,978 shares, a decrease of 66.6% from the July 15th total of 44,811 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 66,526 shares, the days-to-cover ratio is presently 0.2 days.

Rockefeller Opportunistic Municipal Bond ETF Stock Performance

Shares of RMOP traded down $0.11 during mid-day trading on Friday, reaching $25.16. 28,973 shares of the company’s stock were exchanged, compared to its average volume of 82,845. The business’s fifty day simple moving average is $25.35 and its 200-day simple moving average is $25.21. Rockefeller Opportunistic Municipal Bond ETF has a 52-week low of $24.01 and a 52-week high of $25.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its holdings in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 146.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 864,500 shares of the company’s stock after purchasing an additional 513,629 shares during the quarter. Rockefeller Opportunistic Municipal Bond ETF comprises approximately 1.0% of SouthState Bank Corp’s portfolio, making the stock its 23rd largest holding. SouthState Bank Corp owned about 7.14% of Rockefeller Opportunistic Municipal Bond ETF worth $21,638,000 as of its most recent SEC filing.

About Rockefeller Opportunistic Municipal Bond ETF

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.