Short Interest in Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Declines By 66.6%

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 14,978 shares, a decline of 66.6% from the July 15th total of 44,811 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 66,526 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A hedge fund recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp grew its position in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 146.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 864,500 shares of the company’s stock after buying an additional 513,629 shares during the quarter. Rockefeller Opportunistic Municipal Bond ETF accounts for 1.0% of SouthState Bank Corp’s investment portfolio, making the stock its 23rd largest holding. SouthState Bank Corp owned 7.14% of Rockefeller Opportunistic Municipal Bond ETF worth $21,638,000 at the end of the most recent reporting period.

Rockefeller Opportunistic Municipal Bond ETF Stock Down 0.4%

Rockefeller Opportunistic Municipal Bond ETF stock traded down $0.11 during mid-day trading on Friday, reaching $25.16. 28,973 shares of the company were exchanged, compared to its average volume of 82,845. The firm’s 50-day simple moving average is $25.35 and its two-hundred day simple moving average is $25.21. Rockefeller Opportunistic Municipal Bond ETF has a twelve month low of $24.01 and a twelve month high of $25.61.

About Rockefeller Opportunistic Municipal Bond ETF

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