Rockefeller California Municipal Bond ETF (NYSEARCA:RMCA) Sees Significant Growth in Short Interest

Rockefeller California Municipal Bond ETF (NYSEARCA:RMCA) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 1,957 shares, an increase of 430.4% from the January 15th total of 369 shares. Based on an average daily trading volume, of 1,086 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 1,086 shares, the days-to-cover ratio is currently 1.8 days.

Rockefeller California Municipal Bond ETF Stock Up 0.2%

Shares of NYSEARCA:RMCA opened at $24.33 on Friday. The firm’s 50 day moving average price is $24.24 and its 200 day moving average price is $24.12. Rockefeller California Municipal Bond ETF has a fifty-two week low of $22.68 and a fifty-two week high of $25.13.

Rockefeller California Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a $0.0753 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Thursday, January 29th.

About Rockefeller California Municipal Bond ETF

The Rockefeller California Municipal Bond ETF (RMCA) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund broadly invests in bonds that are exempt from regular federal income tax and California income tax. Municipal bonds could be of any maturity or credit quality. RMCA was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.