Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Sees Significant Increase in Short Interest

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 36,405 shares, an increase of 8,630.2% from the September 15th total of 417 shares. Based on an average daily trading volume, of 348,989 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Abound Financial LLC bought a new position in Hartford Municipal Opportunities ETF in the 4th quarter valued at about $27,000. Fifth Third Bancorp purchased a new stake in shares of Hartford Municipal Opportunities ETF in the first quarter worth approximately $118,000. XY Planning Network Inc. purchased a new stake in shares of Hartford Municipal Opportunities ETF in the second quarter worth approximately $246,000. Evolution Wealth Management Inc. lifted its holdings in shares of Hartford Municipal Opportunities ETF by 49.2% in the first quarter. Evolution Wealth Management Inc. now owns 7,751 shares of the company’s stock valued at $300,000 after purchasing an additional 2,556 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Hartford Municipal Opportunities ETF by 39.5% during the first quarter. Sigma Planning Corp now owns 7,957 shares of the company’s stock valued at $308,000 after buying an additional 2,252 shares during the last quarter.

Hartford Municipal Opportunities ETF Trading Up 0.5%

Hartford Municipal Opportunities ETF stock traded up $0.17 during mid-day trading on Friday, reaching $37.04. The stock had a trading volume of 299,878 shares, compared to its average volume of 108,519. Hartford Municipal Opportunities ETF has a fifty-two week low of $36.57 and a fifty-two week high of $39.91. The stock’s 50-day simple moving average is $38.04 and its 200-day simple moving average is $38.67.

Hartford Municipal Opportunities ETF Company Profile

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.