Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Down 25.6% in January

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 33,809 shares, a drop of 25.6% from the January 15th total of 45,459 shares. Based on an average daily volume of 77,098 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 77,098 shares, the short-interest ratio is currently 0.4 days.

Hartford Municipal Opportunities ETF Stock Up 0.3%

NYSEARCA:HMOP traded up $0.10 during trading hours on Friday, reaching $39.76. 40,313 shares of the company traded hands, compared to its average volume of 77,794. The business’s 50-day moving average price is $39.31 and its two-hundred day moving average price is $39.04. Hartford Municipal Opportunities ETF has a 1 year low of $36.75 and a 1 year high of $39.77.

Hartford Municipal Opportunities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were given a dividend of $0.1068 per share. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in shares of Hartford Municipal Opportunities ETF by 201,700.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,018 shares of the company’s stock valued at $79,000 after purchasing an additional 2,017 shares during the last quarter. Evolution Wealth Management Inc. purchased a new stake in Hartford Municipal Opportunities ETF during the third quarter valued at approximately $115,000. United Community Bank purchased a new stake in Hartford Municipal Opportunities ETF during the third quarter valued at approximately $116,000. Flagship Harbor Advisors LLC bought a new position in Hartford Municipal Opportunities ETF in the fourth quarter worth approximately $159,000. Finally, Hill Island Financial LLC purchased a new position in shares of Hartford Municipal Opportunities ETF during the 3rd quarter worth $210,000.

Hartford Municipal Opportunities ETF Company Profile

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.