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

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 18,875 shares, a decrease of 44.4% from the April 30th total of 33,970 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 80,414 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Hartford Municipal Opportunities ETF

A number of large investors have recently bought and sold shares of HMOP. Integrated Wealthcare LLC acquired a new stake in Hartford Municipal Opportunities ETF during the 4th quarter valued at $9,927,000. Fragasso Financial Advisors Inc acquired a new stake in Hartford Municipal Opportunities ETF during the 4th quarter valued at $8,863,000. Blue Water Asset Management acquired a new stake in Hartford Municipal Opportunities ETF during the 4th quarter valued at $8,666,000. LPL Financial LLC grew its holdings in Hartford Municipal Opportunities ETF by 19.1% during the 4th quarter. LPL Financial LLC now owns 967,398 shares of the company’s stock valued at $37,835,000 after buying an additional 155,457 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Hartford Municipal Opportunities ETF by 19.1% during the 3rd quarter. Bank of America Corp DE now owns 941,937 shares of the company’s stock valued at $36,707,000 after buying an additional 151,272 shares during the last quarter.

Hartford Municipal Opportunities ETF Price Performance

NYSEARCA:HMOP traded up $0.07 during trading hours on Tuesday, reaching $39.15. 98,698 shares of the company traded hands, compared to its average volume of 72,560. The firm’s 50-day moving average is $38.99 and its 200-day moving average is $39.22. Hartford Municipal Opportunities ETF has a 1-year low of $37.80 and a 1-year high of $39.91.

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.