Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Sees Large Decrease in Short Interest

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 417 shares, a decline of 98.6% from the August 31st total of 28,852 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 182,788 shares, the short-interest ratio is presently 0.0 days.

Hartford Municipal Opportunities ETF Price Performance

Shares of NYSEARCA HMOP traded down $0.24 during mid-day trading on Thursday, hitting $37.27. 346,253 shares of the company were exchanged, compared to its average volume of 91,333. The stock has a 50 day simple moving average of $38.40 and a 200-day simple moving average of $38.83. Hartford Municipal Opportunities ETF has a 1-year low of $37.14 and a 1-year high of $39.91.

Hedge Funds Weigh In On Hartford Municipal Opportunities ETF

A number of large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Hartford Municipal Opportunities ETF by 34.9% during the second quarter. Envestnet Asset Management Inc. now owns 65,989 shares of the company’s stock worth $2,583,000 after purchasing an additional 17,080 shares in the last quarter. XY Planning Network Inc. acquired a new position in Hartford Municipal Opportunities ETF during the 2nd quarter worth approximately $246,000. Citadel Advisors LLC increased its position in Hartford Municipal Opportunities ETF by 20.3% during the 2nd quarter. Citadel Advisors LLC now owns 34,894 shares of the company’s stock worth $1,366,000 after purchasing an additional 5,882 shares during the period. Legacy Wealth Management LLC raised its stake in shares of Hartford Municipal Opportunities ETF by 2.3% during the 2nd quarter. Legacy Wealth Management LLC now owns 617,517 shares of the company’s stock worth $24,173,000 after buying an additional 14,050 shares in the last quarter. Finally, Thrive Wealth Management LLC raised its stake in shares of Hartford Municipal Opportunities ETF by 27.1% during the 2nd quarter. Thrive Wealth Management LLC now owns 55,560 shares of the company’s stock worth $2,175,000 after buying an additional 11,854 shares in the last quarter.

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.