Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Short Interest Down 45.8% in June

Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,637 shares, a decrease of 45.8% from the May 31st total of 10,408 shares. Based on an average daily trading volume, of 927 shares, the short-interest ratio is presently 6.1 days. Approximately 0.6% of the company’s stock are short sold.

Rockefeller New York Municipal Bond ETF Price Performance

Shares of RMNY stock traded up $0.02 during trading hours on Thursday, reaching $24.80. The company had a trading volume of 1,017 shares, compared to its average volume of 3,308. Rockefeller New York Municipal Bond ETF has a twelve month low of $23.52 and a twelve month high of $24.99. The stock’s fifty day simple moving average is $24.60 and its 200 day simple moving average is $24.55.

Institutional Inflows and Outflows

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 disclosure with the SEC. The firm purchased 10,145 shares of the company’s stock, valued at approximately $244,000. JPMorgan Chase & Co. owned approximately 1.45% of Rockefeller New York Municipal Bond ETF at the end of the most recent quarter.

Rockefeller New York Municipal Bond ETF Company Profile

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.