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

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 47,015 shares, a growth of 26.9% from the February 12th total of 37,045 shares. Based on an average daily trading volume, of 92,557 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 92,557 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Rockefeller Opportunistic Municipal Bond ETF stock. Brown Brothers Harriman & Co. bought a new stake in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,133 shares of the company’s stock, valued at approximately $304,000. Brown Brothers Harriman & Co. owned approximately 0.10% of Rockefeller Opportunistic Municipal Bond ETF at the end of the most recent reporting period.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

Shares of RMOP remained flat at $25.11 during mid-day trading on Tuesday. The stock had a trading volume of 81,075 shares, compared to its average volume of 84,525. Rockefeller Opportunistic Municipal Bond ETF has a one year low of $23.30 and a one year high of $25.61. The company has a 50-day moving average price of $25.17 and a two-hundred day moving average price of $25.07.

Rockefeller Opportunistic Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.0971 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Thursday, February 26th.

About Rockefeller Opportunistic Municipal Bond ETF

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.