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

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 33,246 shares, a decrease of 31.9% from the December 15th total of 48,784 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 102,652 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 102,652 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

Rockefeller Opportunistic Municipal Bond ETF Stock Down 0.1%

Shares of NYSEARCA RMOP traded down $0.03 during trading hours on Friday, hitting $25.14. The company’s stock had a trading volume of 223,340 shares, compared to its average volume of 57,349. Rockefeller Opportunistic Municipal Bond ETF has a 12 month low of $23.30 and a 12 month high of $25.84. The business has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $24.79.

Rockefeller Opportunistic Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.1215 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This is a positive change from Rockefeller Opportunistic Municipal Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 5.8%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp grew its stake in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 4,427.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 350,871 shares of the company’s stock after purchasing an additional 343,121 shares during the period. SouthState Bank Corp owned approximately 4.23% of Rockefeller Opportunistic Municipal Bond ETF worth $8,751,000 as of its most recent SEC filing.

Rockefeller Opportunistic Municipal Bond ETF Company Profile

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.