Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Sees Significant Drop in Short Interest

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 34,065 shares, a decline of 42.7% from the June 15th total of 59,454 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 74,044 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Rockefeller Opportunistic Municipal Bond ETF

An institutional investor recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its stake in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 146.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 864,500 shares of the company’s stock after acquiring an additional 513,629 shares during the quarter. Rockefeller Opportunistic Municipal Bond ETF makes up about 1.0% of SouthState Bank Corp’s portfolio, making the stock its 23rd biggest position. SouthState Bank Corp owned approximately 7.14% of Rockefeller Opportunistic Municipal Bond ETF worth $21,638,000 as of its most recent filing with the Securities and Exchange Commission.

Rockefeller Opportunistic Municipal Bond ETF Stock Down 0.2%

NYSEARCA:RMOP traded down $0.04 during mid-day trading on Thursday, reaching $25.39. The company’s stock had a trading volume of 97,796 shares, compared to its average volume of 86,648. Rockefeller Opportunistic Municipal Bond ETF has a 1 year low of $23.95 and a 1 year high of $25.61. The stock has a fifty day moving average of $25.33 and a 200-day moving average of $25.20.

Rockefeller Opportunistic Municipal Bond ETF Company Profile

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.