Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Sees Significant Decrease in Short Interest

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 33,246 shares, a decline of 31.9% from the December 15th total of 48,784 shares. Based on an average daily volume of 102,652 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 102,652 shares, the short-interest ratio is currently 0.3 days.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

Rockefeller Opportunistic Municipal Bond ETF has a fifty-two week low of $23.30 and a fifty-two week high of $25.84. The business has a 50 day moving average price of $25.12 and a two-hundred day moving average price of $24.80.

Rockefeller Opportunistic Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.1215 dividend. This is a positive change from Rockefeller Opportunistic Municipal Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp grew its holdings in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 4,427.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 350,871 shares of the company’s stock after buying an additional 343,121 shares during the quarter. SouthState Bank Corp owned 4.23% of Rockefeller Opportunistic Municipal Bond ETF worth $8,751,000 at the end of the most recent reporting period.

Rockefeller Opportunistic Municipal Bond ETF Company Profile

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.