Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Shares Shorted: Short Interest Up 121.6% in October

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 90,689 shares, an increase of 121.6% from the September 30th total of 40,922 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 234,905 shares, the short-interest ratio is presently 0.4 days.

Rockefeller Opportunistic Municipal Bond ETF Stock Up 0.3%

NYSEARCA:RMOP traded up $0.07 during mid-day trading on Friday, hitting $24.11. The stock had a trading volume of 190,844 shares, compared to its average volume of 117,816. Rockefeller Opportunistic Municipal Bond ETF has a twelve month low of $23.13 and a twelve month high of $25.61. The stock has a 50-day simple moving average of $24.07 and a two-hundred day simple moving average of $24.92.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Rockefeller Opportunistic Municipal Bond ETF stock. NewEdge Advisors LLC purchased a new position in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,979 shares of the company’s stock, valued at approximately $76,000.

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.