Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Up 20.1% in February

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 27,581 shares, an increase of 20.1% from the February 12th total of 22,959 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 64,190 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 64,190 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

Hedge funds have recently bought and sold shares of the company. Abound Financial LLC purchased a new stake in Hartford Municipal Opportunities ETF during the fourth quarter worth $27,000. Wells Fargo & Company MN raised its stake in shares of Hartford Municipal Opportunities ETF by 201,700.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,018 shares of the company’s stock worth $79,000 after buying an additional 2,017 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in shares of Hartford Municipal Opportunities ETF during the 3rd quarter worth $115,000. United Community Bank purchased a new stake in shares of Hartford Municipal Opportunities ETF in the 3rd quarter worth about $116,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF in the 4th quarter worth about $159,000.

Hartford Municipal Opportunities ETF Stock Performance

Shares of HMOP opened at $39.26 on Wednesday. The firm’s 50-day moving average is $39.50 and its two-hundred day moving average is $39.23. Hartford Municipal Opportunities ETF has a twelve month low of $36.75 and a twelve month high of $39.91.

Hartford Municipal Opportunities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a $0.1131 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Hartford Municipal Opportunities ETF’s previous monthly dividend of $0.11.

About Hartford Municipal Opportunities ETF

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.