Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Up 44.4% in January

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 45,459 shares, an increase of 44.4% from the December 31st total of 31,474 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 92,796 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 92,796 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of Hartford Municipal Opportunities ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC increased its position in Hartford Municipal Opportunities ETF by 28.6% during the 1st quarter. Jane Street Group LLC now owns 41,505 shares of the company’s stock worth $1,596,000 after purchasing an additional 9,243 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Hartford Municipal Opportunities ETF by 2.5% during the second quarter. Janney Montgomery Scott LLC now owns 149,650 shares of the company’s stock worth $5,729,000 after buying an additional 3,662 shares in the last quarter. Strid Group LLC raised its position in shares of Hartford Municipal Opportunities ETF by 1.3% in the second quarter. Strid Group LLC now owns 89,403 shares of the company’s stock valued at $3,422,000 after buying an additional 1,134 shares during the last quarter. Apollon Wealth Management LLC purchased a new position in shares of Hartford Municipal Opportunities ETF during the second quarter valued at approximately $15,835,000. Finally, Apollon Financial LLC acquired a new stake in Hartford Municipal Opportunities ETF during the second quarter worth approximately $1,585,000.

Hartford Municipal Opportunities ETF Stock Down 0.1%

Shares of NYSEARCA HMOP opened at $39.41 on Friday. The firm’s 50-day moving average is $39.23 and its two-hundred day moving average is $38.92. Hartford Municipal Opportunities ETF has a 12-month low of $36.75 and a 12-month high of $39.47.

Hartford Municipal Opportunities ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th will be issued a dividend of $0.1068 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Friday, January 30th.

Hartford Municipal Opportunities ETF Company Profile

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.