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

by · The Cerbat Gem

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 417 shares, a decline of 98.6% from the August 31st total of 28,852 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 182,788 shares, the days-to-cover ratio is presently 0.0 days.

Hartford Municipal Opportunities ETF Trading Down 0.6%

Shares of HMOP traded down $0.20 on Friday, reaching $37.06. The stock had a trading volume of 140,655 shares, compared to its average volume of 91,555. The company has a 50-day simple moving average of $38.40 and a 200-day simple moving average of $38.83. Hartford Municipal Opportunities ETF has a 12-month low of $37.02 and a 12-month high of $39.91.

Institutional Trading of Hartford Municipal Opportunities ETF

A number of hedge funds have recently made changes to their positions in HMOP. HB Wealth Management LLC raised its stake in Hartford Municipal Opportunities ETF by 7.6% in the first quarter. HB Wealth Management LLC now owns 8,258 shares of the company’s stock valued at $320,000 after buying an additional 581 shares during the last quarter. Abound Financial LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF in the fourth quarter worth about $27,000. Stonehearth Capital Management LLC grew its holdings in Hartford Municipal Opportunities ETF by 3.1% during the first quarter. Stonehearth Capital Management LLC now owns 24,326 shares of the company’s stock worth $942,000 after acquiring an additional 726 shares during the period. Anderson Financial Strategies LLC grew its holdings in Hartford Municipal Opportunities ETF by 0.8% during the fourth quarter. Anderson Financial Strategies LLC now owns 124,954 shares of the company’s stock worth $4,887,000 after acquiring an additional 1,006 shares during the period. Finally, J.W. Cole Advisors Inc. raised its position in Hartford Municipal Opportunities ETF by 3.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 40,569 shares of the company’s stock valued at $1,587,000 after acquiring an additional 1,339 shares in the last quarter.

Hartford Municipal Opportunities ETF Company Profile

(Get Free Report)

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.

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