Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Sees Large Decrease in Short Interest

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 33,809 shares, a decrease of 25.6% from the January 15th total of 45,459 shares. Based on an average trading volume of 77,098 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 77,098 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Hartford Municipal Opportunities ETF

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of Hartford Municipal Opportunities ETF by 28.6% during the first quarter. Jane Street Group LLC now owns 41,505 shares of the company’s stock worth $1,596,000 after purchasing an additional 9,243 shares during the period. Stratos Wealth Partners LTD. grew its holdings in Hartford Municipal Opportunities ETF by 6.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 25,707 shares of the company’s stock valued at $984,000 after buying an additional 1,524 shares in the last quarter. Princeton Global Asset Management LLC grew its holdings in Hartford Municipal Opportunities ETF by 80.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 6,043 shares of the company’s stock valued at $231,000 after buying an additional 2,703 shares in the last quarter. Retirement Planning Group LLC increased its position in Hartford Municipal Opportunities ETF by 310.1% during the 2nd quarter. Retirement Planning Group LLC now owns 49,381 shares of the company’s stock worth $1,890,000 after buying an additional 37,341 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Hartford Municipal Opportunities ETF by 39.5% during the second quarter. Envestnet Asset Management Inc. now owns 139,916 shares of the company’s stock worth $5,356,000 after buying an additional 39,642 shares in the last quarter.

Hartford Municipal Opportunities ETF Price Performance

Shares of NYSEARCA:HMOP traded up $0.10 on Monday, hitting $39.76. The company had a trading volume of 40,313 shares, compared to its average volume of 77,794. The stock has a 50 day moving average price of $39.33 and a 200 day moving average price of $39.05. Hartford Municipal Opportunities ETF has a 1-year low of $36.75 and a 1-year high of $39.77.

Hartford Municipal Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were issued a $0.1068 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, January 30th.

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.