Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Sees Large Increase in Short Interest

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) saw a large increase in short interest in the month of 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. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 185,643 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A hedge fund recently bought a new stake in Rockefeller Opportunistic Municipal Bond ETF stock. NewEdge Advisors LLC bought a new position in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,979 shares of the company’s stock, valued at approximately $76,000.

Rockefeller Opportunistic Municipal Bond ETF Stock Up 1.2%

Shares of NYSEARCA:RMOP traded up $0.27 during midday trading on Thursday, hitting $23.75. The company had a trading volume of 165,182 shares, compared to its average volume of 102,844. Rockefeller Opportunistic Municipal Bond ETF has a 12 month low of $23.13 and a 12 month high of $25.61. The firm has a fifty day simple moving average of $24.35 and a 200 day simple moving average of $24.93.

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.