Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Shares Shorted: Short Interest Up 121.6% in October

by · The Cerbat Gem

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 90,689 shares, an increase of 121.6% from the September 30th total of 40,922 shares. Based on an average daily volume of 234,905 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its position in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP – Free Report) by 21.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,047,005 shares of the company’s stock after purchasing an additional 182,505 shares during the period. Rockefeller Opportunistic Municipal Bond ETF accounts for 1.2% of SouthState Bank Corp’s investment portfolio, making the stock its 18th biggest position. SouthState Bank Corp owned about 7.53% of Rockefeller Opportunistic Municipal Bond ETF worth $26,039,000 at the end of the most recent quarter.

Rockefeller Opportunistic Municipal Bond ETF Stock Performance

The company has a 50 day moving average price of $24.07 and a 200 day moving average price of $24.92. Rockefeller Opportunistic Municipal Bond ETF has a 52-week low of $23.13 and a 52-week high of $25.61.

About Rockefeller Opportunistic Municipal Bond ETF

(Get Free Report)

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.

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