Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Up 169.9% in August

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 28,852 shares, an increase of 169.9% from the August 15th total of 10,690 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 85,674 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Hartford Municipal Opportunities ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in Hartford Municipal Opportunities ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,582,613 shares of the company’s stock worth $61,896,000 after acquiring an additional 79,845 shares during the last quarter. Bank of America Corp DE raised its position in shares of Hartford Municipal Opportunities ETF by 5.2% during the 1st quarter. Bank of America Corp DE now owns 1,083,043 shares of the company’s stock worth $41,957,000 after purchasing an additional 53,064 shares during the last quarter. Legacy Wealth Management LLC lifted its stake in Hartford Municipal Opportunities ETF by 2.3% in the 2nd quarter. Legacy Wealth Management LLC now owns 617,517 shares of the company’s stock valued at $24,173,000 after buying an additional 14,050 shares in the last quarter. Goldstein Advisors LLC increased its position in Hartford Municipal Opportunities ETF by 4.1% during the fourth quarter. Goldstein Advisors LLC now owns 511,050 shares of the company’s stock worth $19,987,000 after buying an additional 20,166 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position in Hartford Municipal Opportunities ETF by 7.1% during the first quarter. Apollon Wealth Management LLC now owns 473,390 shares of the company’s stock worth $18,339,000 after buying an additional 31,420 shares in the last quarter.

Hartford Municipal Opportunities ETF Stock Performance

NYSEARCA HMOP traded down $0.03 during mid-day trading on Monday, hitting $37.77. The stock had a trading volume of 171,146 shares, compared to its average volume of 79,475. The company has a 50 day simple moving average of $38.65 and a 200 day simple moving average of $38.96. Hartford Municipal Opportunities ETF has a 52-week low of $37.73 and a 52-week high of $39.91.

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.