Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Short Interest Update

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 48,784 shares, a growth of 47.9% from the November 30th total of 32,984 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 84,836 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 84,836 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp lifted its holdings in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 4,427.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 350,871 shares of the company’s stock after acquiring an additional 343,121 shares during the period. SouthState Bank Corp owned approximately 4.23% of Rockefeller Opportunistic Municipal Bond ETF worth $8,751,000 as of its most recent filing with the SEC.

Rockefeller Opportunistic Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA RMOP traded up $0.01 during trading hours on Wednesday, reaching $25.04. The stock had a trading volume of 71,552 shares, compared to its average volume of 47,169. Rockefeller Opportunistic Municipal Bond ETF has a 52-week low of $23.30 and a 52-week high of $25.84. The business’s fifty day moving average price is $25.14 and its two-hundred day moving average price is $24.74.

Rockefeller Opportunistic Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th will be issued a $0.1215 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 5.8%. This is a boost from Rockefeller Opportunistic Municipal Bond ETF’s previous monthly dividend of $0.09.

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.