Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Up 169.9% in August

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 28,852 shares, an increase of 169.9% from the August 15th total of 10,690 shares. Based on an average daily trading volume, of 85,674 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Hartford Municipal Opportunities ETF Stock Performance

NYSEARCA HMOP opened at $37.80 on Friday. Hartford Municipal Opportunities ETF has a 1-year low of $37.73 and a 1-year high of $39.91. The business has a 50 day simple moving average of $38.65 and a two-hundred day simple moving average of $38.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HMOP. Retirement Planning Group LLC increased its position in Hartford Municipal Opportunities ETF by 31.8% in the first quarter. Retirement Planning Group LLC now owns 101,917 shares of the company’s stock worth $3,948,000 after purchasing an additional 24,612 shares during the last quarter. Blue Water Asset Management bought a new position in Hartford Municipal Opportunities ETF during the fourth quarter valued at $8,666,000. Verus Capital Partners LLC lifted its position in Hartford Municipal Opportunities ETF by 15.6% during the first quarter. Verus Capital Partners LLC now owns 142,450 shares of the company’s stock valued at $5,519,000 after purchasing an additional 19,172 shares during the last quarter. Sepio Capital LP grew its stake in shares of Hartford Municipal Opportunities ETF by 11.1% in the 4th quarter. Sepio Capital LP now owns 141,085 shares of the company’s stock worth $5,518,000 after buying an additional 14,099 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Hartford Municipal Opportunities ETF by 56.2% in the 1st quarter. NewEdge Advisors LLC now owns 87,750 shares of the company’s stock worth $3,399,000 after buying an additional 31,590 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.