Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Short Interest Up 59.5% in May

Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 10,408 shares, a growth of 59.5% from the May 14th total of 6,527 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily volume of 8,733 shares, the short-interest ratio is currently 1.2 days.

Rockefeller New York Municipal Bond ETF Trading Down 0.2%

Shares of NYSEARCA:RMNY opened at $24.61 on Thursday. Rockefeller New York Municipal Bond ETF has a 1 year low of $23.52 and a 1 year high of $24.99. The firm has a fifty day moving average price of $24.56 and a 200 day moving average price of $24.53.

Institutional Investors Weigh In On Rockefeller New York Municipal Bond ETF

A hedge fund recently bought a new stake in Rockefeller New York Municipal Bond ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,145 shares of the company’s stock, valued at approximately $244,000. JPMorgan Chase & Co. owned 1.45% of Rockefeller New York Municipal Bond ETF at the end of the most recent reporting period.

About Rockefeller New York Municipal Bond ETF

The Rockefeller New York Municipal Bond ETF (RMNY) 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 New York income tax. Municipal bonds could be of any maturity or credit quality. RMNY was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.