Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Update

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 31,474 shares, a decline of 47.6% from the December 15th total of 60,099 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 53,389 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 53,389 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Hartford Municipal Opportunities ETF Stock Performance

Shares of NYSEARCA:HMOP remained flat at $39.38 during trading on Friday. 66,370 shares of the stock were exchanged, compared to its average volume of 90,343. Hartford Municipal Opportunities ETF has a twelve month low of $36.75 and a twelve month high of $39.47. The stock has a 50 day moving average of $39.20 and a 200-day moving average of $38.85.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in shares of Hartford Municipal Opportunities ETF by 28.6% during the 1st quarter. Jane Street Group LLC now owns 41,505 shares of the company’s stock valued at $1,596,000 after purchasing an additional 9,243 shares during the last quarter. Thrive Wealth Management LLC increased its position in Hartford Municipal Opportunities ETF by 78.8% during the 2nd quarter. Thrive Wealth Management LLC now owns 46,227 shares of the company’s stock valued at $1,770,000 after buying an additional 20,374 shares in the last quarter. Masso Torrence Wealth Management Inc. raised its stake in Hartford Municipal Opportunities ETF by 6.7% in the second quarter. Masso Torrence Wealth Management Inc. now owns 26,390 shares of the company’s stock valued at $1,010,000 after buying an additional 1,650 shares during the last quarter. Johnson & White Wealth Management LLC boosted its holdings in Hartford Municipal Opportunities ETF by 5.6% in the second quarter. Johnson & White Wealth Management LLC now owns 215,286 shares of the company’s stock worth $8,241,000 after acquiring an additional 11,425 shares in the last quarter. Finally, Fifth Third Securities Inc. grew its stake in shares of Hartford Municipal Opportunities ETF by 32.6% during the second quarter. Fifth Third Securities Inc. now owns 33,266 shares of the company’s stock worth $1,273,000 after acquiring an additional 8,180 shares during the last quarter.

Hartford Municipal Opportunities ETF Company Profile

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.