Short Interest in Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Declines By 37.9%

Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 6,527 shares, a drop of 37.9% from the April 30th total of 10,518 shares. Based on an average daily volume of 8,615 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Investors Weigh In On Rockefeller New York Municipal Bond ETF

An institutional investor recently bought a new position in Rockefeller New York Municipal Bond ETF stock. JPMorgan Chase & Co. bought a new stake in shares of Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,145 shares of the company’s stock, valued at approximately $244,000. JPMorgan Chase & Co. owned about 1.45% of Rockefeller New York Municipal Bond ETF at the end of the most recent reporting period.

Rockefeller New York Municipal Bond ETF Stock Down 0.2%

Shares of Rockefeller New York Municipal Bond ETF stock opened at $24.62 on Thursday. Rockefeller New York Municipal Bond ETF has a 1 year low of $23.52 and a 1 year high of $24.99. The stock has a fifty day moving average price of $24.50 and a 200-day moving average price of $24.53.

Rockefeller New York Municipal Bond ETF Company Profile

The Rockefeller New York Municipal Bond ETF (RMNY) 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 New York income tax. Municipal bonds could be of any maturity or credit quality. RMNY was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.