Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) Short Interest Update

Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 45,459 shares, an increase of 44.4% from the December 31st total of 31,474 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 92,796 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 92,796 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. West Michigan Advisors LLC grew its holdings in Hartford Municipal Opportunities ETF by 4.5% in the fourth quarter. West Michigan Advisors LLC now owns 5,877 shares of the company’s stock worth $231,000 after purchasing an additional 254 shares during the period. Landmark Wealth Management LLC boosted its position in shares of Hartford Municipal Opportunities ETF by 0.6% in the 3rd quarter. Landmark Wealth Management LLC now owns 58,842 shares of the company’s stock worth $2,293,000 after purchasing an additional 325 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Hartford Municipal Opportunities ETF by 1.2% in the 3rd quarter. Private Advisor Group LLC now owns 31,357 shares of the company’s stock worth $1,222,000 after buying an additional 379 shares during the last quarter. Certified Advisory Corp increased its position in Hartford Municipal Opportunities ETF by 5.8% during the 4th quarter. Certified Advisory Corp now owns 8,108 shares of the company’s stock valued at $317,000 after buying an additional 447 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in Hartford Municipal Opportunities ETF by 7.1% during the 4th quarter. HB Wealth Management LLC now owns 7,677 shares of the company’s stock valued at $300,000 after buying an additional 510 shares in the last quarter.

Hartford Municipal Opportunities ETF Stock Up 0.1%

Shares of HMOP stock opened at $39.44 on Tuesday. The business’s fifty day moving average is $39.24 and its 200 day moving average is $38.94. Hartford Municipal Opportunities ETF has a twelve month low of $36.75 and a twelve month high of $39.47.

Hartford Municipal Opportunities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th will be given a $0.1068 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%.

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.