Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Update

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 18,875 shares, a decline of 44.4% from the April 30th total of 33,970 shares. Based on an average daily volume of 80,414 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Hartford Municipal Opportunities ETF Trading Down 0.1%

HMOP stock traded down $0.05 during trading on Thursday, reaching $39.13. The company’s stock had a trading volume of 9,358 shares, compared to its average volume of 71,748. Hartford Municipal Opportunities ETF has a 1 year low of $37.81 and a 1 year high of $39.91. The company’s fifty day moving average is $39.00 and its 200-day moving average is $39.22.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in Hartford Municipal Opportunities ETF by 56.3% in the first quarter. NewEdge Advisors LLC now owns 87,750 shares of the company’s stock worth $3,399,000 after purchasing an additional 31,590 shares during the last quarter. Verus Capital Partners LLC increased its holdings in shares of Hartford Municipal Opportunities ETF by 15.6% during the 1st quarter. Verus Capital Partners LLC now owns 142,450 shares of the company’s stock worth $5,519,000 after buying an additional 19,172 shares during the last quarter. Bank of America Corp DE increased its position in shares of Hartford Municipal Opportunities ETF by 5.2% during the first quarter. Bank of America Corp DE now owns 1,083,043 shares of the company’s stock valued at $41,957,000 after acquiring an additional 53,064 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Hartford Municipal Opportunities ETF by 9.6% during the first quarter. Cetera Investment Advisers now owns 294,952 shares of the company’s stock valued at $11,426,000 after acquiring an additional 25,904 shares during the last quarter. Finally, Wealthspire Retirement LLC acquired a new stake in shares of Hartford Municipal Opportunities ETF during the first quarter valued at about $312,000.

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.