Short Interest in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Expands By 513.8%

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 60,099 shares, a growth of 513.8% from the November 30th total of 9,791 shares. Based on an average daily trading volume, of 68,583 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 68,583 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Apollon Wealth Management LLC purchased a new position in shares of Hartford Municipal Opportunities ETF in the second quarter valued at $15,835,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Hartford Municipal Opportunities ETF by 22.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,513,178 shares of the company’s stock worth $57,924,000 after buying an additional 275,975 shares in the last quarter. Bank of America Corp DE boosted its position in Hartford Municipal Opportunities ETF by 19.1% in the 3rd quarter. Bank of America Corp DE now owns 941,937 shares of the company’s stock valued at $36,707,000 after buying an additional 151,272 shares during the last quarter. Sterling Investment Counsel LLC boosted its position in Hartford Municipal Opportunities ETF by 332.2% in the 3rd quarter. Sterling Investment Counsel LLC now owns 175,912 shares of the company’s stock valued at $6,855,000 after buying an additional 135,211 shares during the last quarter. Finally, Anderson Financial Strategies LLC acquired a new stake in shares of Hartford Municipal Opportunities ETF during the third quarter valued at about $4,830,000.

Hartford Municipal Opportunities ETF Stock Performance

Shares of NYSEARCA:HMOP opened at $39.22 on Friday. Hartford Municipal Opportunities ETF has a one year low of $36.75 and a one year high of $39.52. The business’s 50-day simple moving average is $39.19 and its 200 day simple moving average is $38.73.

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.