Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Sees Large Increase in Short Interest

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

Hedge Funds Weigh In On Rockefeller New York Municipal Bond ETF

An institutional investor recently bought a new position in Rockefeller New York Municipal Bond ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,145 shares of the company’s stock, valued at approximately $244,000. JPMorgan Chase & Co. owned about 1.45% of Rockefeller New York Municipal Bond ETF as of its most recent filing with the SEC.

Rockefeller New York Municipal Bond ETF Stock Up 0.1%

Rockefeller New York Municipal Bond ETF stock traded up $0.03 during mid-day trading on Wednesday, reaching $24.69. 1,253 shares of the company were exchanged, compared to its average volume of 3,455. The business has a fifty day moving average of $24.56 and a 200 day moving average of $24.53. Rockefeller New York Municipal Bond ETF has a 12-month low of $23.52 and a 12-month high of $24.99.

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.