Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Up 20.1% in February

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 27,581 shares, an increase of 20.1% from the February 12th total of 22,959 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 64,190 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 64,190 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Hartford Municipal Opportunities ETF Trading Up 0.1%

HMOP stock traded up $0.03 during trading on Monday, hitting $39.26. The stock had a trading volume of 149,749 shares, compared to its average volume of 71,373. Hartford Municipal Opportunities ETF has a 1-year low of $36.75 and a 1-year high of $39.91. The company’s 50 day moving average price is $39.50 and its two-hundred day moving average price is $39.23.

Hartford Municipal Opportunities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were paid a $0.1131 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Hartford Municipal Opportunities ETF’s previous monthly dividend of $0.11. The ex-dividend date was Friday, February 27th.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

A number of large investors have recently bought and sold shares of the business. Apollon Wealth Management LLC increased its position in Hartford Municipal Opportunities ETF by 3.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 428,721 shares of the company’s stock valued at $16,707,000 after acquiring an additional 15,052 shares during the period. Cedar Point Capital Partners LLC acquired a new position in Hartford Municipal Opportunities ETF during the 3rd quarter worth $2,474,000. Legacy Wealth Management Inc grew its stake in shares of Hartford Municipal Opportunities ETF by 9.2% in the third quarter. Legacy Wealth Management Inc now owns 547,484 shares of the company’s stock worth $21,335,000 after purchasing an additional 46,048 shares in the last quarter. Verus Capital Partners LLC grew its stake in shares of Hartford Municipal Opportunities ETF by 1,104.7% in the third quarter. Verus Capital Partners LLC now owns 114,419 shares of the company’s stock worth $4,459,000 after purchasing an additional 104,921 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of Hartford Municipal Opportunities ETF by 287.2% during the second quarter. Flow Traders U.S. LLC now owns 22,529 shares of the company’s stock valued at $862,000 after purchasing an additional 16,711 shares during the period.

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.