Short Interest in Rockefeller California Municipal Bond ETF (NYSEARCA:RMCA) Drops By 66.6%

Rockefeller California Municipal Bond ETF (NYSEARCA:RMCAGet Free Report) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,598 shares, a decline of 66.6% from the February 26th total of 4,785 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,896 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 1,896 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s shares are sold short.

Rockefeller California Municipal Bond ETF Stock Performance

RMCA stock remained flat at $23.92 during midday trading on Wednesday. 5,721 shares of the company’s stock were exchanged, compared to its average volume of 3,670. Rockefeller California Municipal Bond ETF has a 1 year low of $22.68 and a 1 year high of $24.75. The stock’s 50 day moving average price is $24.28 and its 200-day moving average price is $24.29.

Rockefeller California Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.0801 dividend. This is an increase from Rockefeller California Municipal Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Rockefeller California Municipal Bond ETF Company Profile

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The Rockefeller California Municipal Bond ETF (RMCA) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund broadly invests in bonds that are exempt from regular federal income tax and California income tax. Municipal bonds could be of any maturity or credit quality. RMCA was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.

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