Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Sees Large Decrease in Short Interest

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 417 shares, a decrease of 98.6% from the August 31st total of 28,852 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 182,788 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Hartford Municipal Opportunities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in HMOP. Abound Financial LLC acquired a new position in Hartford Municipal Opportunities ETF during the fourth quarter worth about $27,000. Fifth Third Bancorp acquired a new stake in shares of Hartford Municipal Opportunities ETF during the 1st quarter valued at approximately $118,000. Evolution Wealth Management Inc. lifted its position in shares of Hartford Municipal Opportunities ETF by 76.3% during the 4th quarter. Evolution Wealth Management Inc. now owns 5,195 shares of the company’s stock valued at $203,000 after acquiring an additional 2,248 shares during the period. XY Planning Network Inc. purchased a new stake in shares of Hartford Municipal Opportunities ETF during the 2nd quarter worth approximately $246,000. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF during the 4th quarter worth approximately $258,000.

Hartford Municipal Opportunities ETF Price Performance

Shares of NYSEARCA HMOP traded down $0.24 during trading on Thursday, hitting $37.27. 346,253 shares of the company were exchanged, compared to its average volume of 91,333. Hartford Municipal Opportunities ETF has a 1 year low of $37.14 and a 1 year high of $39.91. The firm’s fifty day moving average price is $38.40 and its 200 day moving average price is $38.83.

About Hartford Municipal Opportunities ETF

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.