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

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 48,784 shares, a growth of 47.9% from the November 30th total of 32,984 shares. Based on an average trading volume of 84,836 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 84,836 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A hedge fund recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its holdings in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 4,427.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 350,871 shares of the company’s stock after acquiring an additional 343,121 shares during the quarter. SouthState Bank Corp owned approximately 4.23% of Rockefeller Opportunistic Municipal Bond ETF worth $8,751,000 as of its most recent filing with the Securities & Exchange Commission.

Rockefeller Opportunistic Municipal Bond ETF Price Performance

Shares of Rockefeller Opportunistic Municipal Bond ETF stock traded up $0.06 during trading on Monday, hitting $25.15. The stock had a trading volume of 56,852 shares, compared to its average volume of 45,745. Rockefeller Opportunistic Municipal Bond ETF has a 12 month low of $23.30 and a 12 month high of $25.84. The firm’s fifty day simple moving average is $25.15 and its 200-day simple moving average is $24.73.

Rockefeller Opportunistic Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Wednesday, November 26th were paid a $0.0925 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a c) annualized dividend and a yield of 4.4%.

About Rockefeller Opportunistic Municipal Bond ETF

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.