Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) Sees Significant Decrease in Short Interest

Rockefeller New York Municipal Bond ETF (NYSEARCA:RMNY) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 5,637 shares, a decrease of 45.8% from the May 31st total of 10,408 shares. Based on an average daily volume of 927 shares, the short-interest ratio is presently 6.1 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

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

Rockefeller New York Municipal Bond ETF Stock Down 0.0%

NYSEARCA:RMNY opened at $24.82 on Tuesday. The company has a 50 day moving average price of $24.60 and a 200-day moving average price of $24.55. Rockefeller New York Municipal Bond ETF has a 1-year low of $23.52 and a 1-year high of $24.99.

About Rockefeller New York Municipal Bond ETF

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.