RiverNorth Opportunistic Municipal Income Fund (RMI) Short Interest Ratio & Short Volume $15.59 +0.10 (+0.65%) Closing price 01/30/2025 03:59 PM EasternExtended Trading$15.70 +0.11 (+0.70%) As of 01/30/2025 05:04 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Short Interest Stock AnalysisChartCompetitorsDividendFinancialsInsider TradesOwnershipSEC FilingsShort InterestTrends RiverNorth Opportunistic Municipal Income Fund Short Interest DataRiverNorth Opportunistic Municipal Income Fund (RMI) has a short interest of 17,200 shares. This marks a 117.72% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.6, indicating that it would take 0.6 days of the average trading volume of 13,889 shares to cover all short positions.Current Short Interest17,200 sharesPrevious Short Interest7,900 sharesChange Vs. Previous Month+117.72%Dollar Volume Sold Short$265,396.00Short Interest Ratio0.6 Days to CoverLast Record DateJanuary 15, 2025Today's Trading Volume5,700 sharesAverage Trading Volume13,889 sharesToday's Volume Vs. Average41% Short Selling RiverNorth Opportunistic Municipal Income Fund? Sign up to receive the latest short interest report for RiverNorth Opportunistic Municipal Income Fund and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartRMI Short Interest Over TimeRMI Days to Cover Over TimeRMI Percentage of Float Shorted Over Time RiverNorth Opportunistic Municipal Income Fund Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 1/15/202517,200 shares $265,396.00 +117.7%N/A0.6 $15.43 12/31/20247,900 shares $118,974.00 +3,850.0%N/A0.3 $15.06 12/15/2024200 shares $3,143.00 -95.4%N/A0 $15.72 11/30/20244,300 shares $68,972.00 +19.4%N/A0.2 $16.04 11/15/20243,600 shares $57,240.00 -33.3%N/A0.2 $15.90 10/31/20245,400 shares $85,806.00 +440.0%N/A0.3 $15.89 10/15/20241,000 shares $16,317.00 -63.0%N/A0.1 $16.32 9/30/20242,700 shares $44,091.00 -43.8%N/A0.1 $16.33 9/15/20244,800 shares $77,472.00 -14.3%N/A0.2 $16.14 8/31/20245,600 shares $88,928.00 +107.4%N/A0.3 $15.88 Get the Latest News and Ratings for RMI and Related StocksEnter your email address below to receive the latest news and analysts' ratings for RiverNorth Opportunistic Municipal Income Fund and its competitors with MarketBeat's FREE daily newsletter. 8/15/20242,700 shares $43,227.00 -38.6%N/A0.1 $16.01 7/31/20244,400 shares $70,664.00 +51.7%N/A0.3 $16.06 7/15/20242,900 shares $46,487.00 No ChangeN/A0.2 $16.03 6/30/20242,900 shares $46,139.00 -55.4%N/A0.2 $15.91 6/15/20246,500 shares $103,870.00 +3.2%N/A0.5 $15.98 5/31/20246,300 shares $98,846.37 -47.5%N/A0.5 $15.69 5/15/202412,000 shares $194,040.00 +155.3%N/A0.8 $16.17 4/30/20244,700 shares $72,333.00 +67.9%N/A0.3 $15.39 4/15/20242,800 shares $42,896.00 -9.7%N/A0.2 $15.32 3/31/20243,300 shares $53,130.00 +230.0%N/A0.2 $16.10 3/15/20241,000 shares $16,500.00 +42.9%N/A0.1 $16.50 2/29/2024700 shares $11,277.00 -92.7%N/A0 $16.11 2/15/20249,600 shares $154,560.00 +39.1%N/A0.4 $16.10 1/31/20246,900 shares $109,779.00 +23.2%N/A0.3 $15.91 1/15/20245,600 shares $88,144.00 +24.4%N/A0.2 $15.74 12/31/20234,500 shares $68,535.00 +136.8%N/A0.2 $15.23 12/15/20231,900 shares $29,298.00 +5.6%N/A0.1 $15.42 11/30/20231,800 shares $27,459.00 -37.9%N/A0.1 $15.26 11/15/20232,900 shares $42,398.00 -69.2%N/A0.1 $14.62 10/31/20239,400 shares $128,874.00 +113.6%N/A0.5 $13.71 10/15/20234,400 shares $62,304.00 +69.2%N/A0.3 $14.16 9/30/20232,600 shares $37,336.00 -39.5%N/A0.2 $14.36 9/15/20234,300 shares $68,929.00 +760.0%N/A0.3 $16.03 8/31/2023500 shares $7,995.00 -90.7%N/A0 $15.99 8/15/20235,400 shares $85,374.00 +575.0%N/A0.4 $15.81 7/31/2023800 shares $13,312.00 -69.2%N/A0.1 $16.64 7/15/20232,600 shares $42,380.00 +225.0%N/A0.2 $16.30 6/30/2023800 shares $13,096.00 -77.8%N/A0.1 $16.37 6/15/20233,600 shares $57,204.00 +157.1%N/A0.2 $15.89 5/31/20231,400 shares $21,910.00 -88.2%N/A0.1 $15.65I was wrong. Dead wrong. (Ad)I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. 5/15/202311,900 shares $197,540.00 -6.3%N/A0.9 $16.60 4/30/202312,700 shares $213,804.50 -16.5%N/A0.9 $16.84 4/15/202315,200 shares $250,496.00 +60.0%N/A1 $16.48 3/31/20239,500 shares $159,100.30 +39.7%N/A0.6 $16.75 3/15/20236,800 shares $107,032.00 -47.3%N/A0.4 $15.74 2/28/202312,900 shares $215,817.00 -38.9%N/A0.6 $16.73 2/15/202321,100 shares $371,149.00 -28.2%N/A0.9 $17.59 1/31/202329,400 shares $529,200.00 +2.4%N/A1.1 $18.00 1/15/202328,700 shares $510,860.00 -15.3%N/A1 $17.80 12/30/202233,900 shares $554,265.00 +13.8%N/A1.2 $16.35 12/15/202229,800 shares $521,202.00 +33.6%N/A1.1 $17.49 11/30/202222,300 shares $386,682.00 +214.1%N/A0.9 $17.34 11/15/20227,100 shares $117,079.00 +7,000.0%N/A0.3 $16.49 10/31/2022100 shares $1,468.00 -94.7%N/A0 $14.68 10/15/20221,900 shares $30,457.00 No ChangeN/A0.1 $16.03 9/30/20222,700 shares $42,120.00 +285.7%N/A0.2 $15.60 9/15/2022700 shares $11,529.00 -90.7%N/A0 $16.47 8/31/20227,500 shares $129,075.00 -24.2%N/A0.4 $17.21 8/15/20229,900 shares $184,041.00 +22.2%N/A0.4 $18.59 7/31/20228,100 shares $146,934.00 +268.2%N/A0.3 $18.14 7/15/20222,200 shares $38,720.00 -82.8%N/A0.1 $17.60 6/30/202212,800 shares $224,000.00 -36.6%N/A0.4 $17.50 6/15/202220,200 shares $350,874.00 +108.3%N/A0.6 $17.37 5/31/20229,700 shares $170,623.00 +385.0%N/A0.3 $17.59 5/15/20222,000 shares $32,120.00 -25.9%N/A0.1 $16.06 4/30/20222,700 shares $45,765.00 -71.6%N/A0.1 $16.95 4/15/20229,500 shares $174,800.00 +352.4%N/A0.5 $18.40 3/31/20222,100 shares $38,955.00 +162.5%N/A0.1 $18.55 3/15/2022800 shares $15,128.00 +166.7%N/A0 $18.91 2/28/2022300 shares $5,877.00 -91.4%N/A0 $19.59 2/15/20223,500 shares $70,175.00 -47.0%N/A0.2 $20.05 1/31/20226,600 shares $134,178.00 +83.3%N/A0.4 $20.33 1/15/20223,600 shares $77,256.00 +3,500.0%N/A0.2 $21.46 12/31/2021100 shares $2,230.00 -96.3%N/A0 $22.30 12/15/20212,700 shares $62,721.00 -60.9%N/A0.3 $23.23 11/30/20216,900 shares $156,423.00 +56.8%N/A0.8 $22.67 11/15/20214,400 shares $99,968.00 +528.6%N/A0.5 $22.72 10/29/2021700 shares $15,365.00 -81.1%N/A0.1 $21.95 10/15/20213,700 shares $83,694.00 +85.0%N/A0.4 $22.62 9/30/20212,000 shares $46,240.00 -56.5%N/A0.2 $23.12 9/15/20214,600 shares $108,146.00 -28.1%N/A0.5 $23.51 8/31/20216,400 shares $149,952.00 +276.5%N/A0.6 $23.43 8/13/20211,700 shares $40,307.00 -57.5%N/A0.2 $23.71 7/30/20214,000 shares $94,400.00 +25.0%N/A0.4 $23.60 7/15/20213,200 shares $76,096.00 +220.0%N/A0.3 $23.78 6/30/20211,000 shares $23,155.00 -66.7%N/A0.1 $23.16 6/15/20213,000 shares $69,690.00 +500.0%N/A0.3 $23.23 5/28/2021500 shares $11,455.00 -88.6%N/A0 $22.91 5/14/20214,400 shares $99,836.00 +83.3%N/A0.4 $22.69 4/30/20212,400 shares $53,520.00 -73.6%N/A0.2 $22.30I was wrong. Dead wrong. (Ad)I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. 4/15/20219,100 shares $203,840.00 +506.7%N/A0.6 $22.40 3/31/20211,500 shares $33,051.90 -75.4%N/A0.1 $22.03 3/15/20216,100 shares $132,797.00 +1,425.0%N/A0.4 $21.77 2/26/2021400 shares $8,456.00 -97.0%N/A0 $21.14 2/12/202113,200 shares $291,060.00 +6,500.0%N/A0.8 $22.05 1/29/2021200 shares $4,348.00 -94.1%N/A0 $21.74 1/15/20213,400 shares $72,182.00 No ChangeN/A0.2 $21.23 8/14/2020600 shares $12,828.00 -50.0%N/A0.1 $21.38 7/31/20201,200 shares $25,596.00 -29.4%N/A0.1 $21.33 7/15/20201,700 shares $36,380.00 -82.1%N/A0.1 $21.40 6/30/20209,500 shares $200,830.00 +251.9%N/A0.6 $21.14 6/15/20202,700 shares $56,484.00 -63.0%N/A0.1 $20.92 5/29/20207,300 shares $149,431.00 +1.4%N/A0.3 $20.47 5/15/20207,200 shares $147,960.00 -50.0%N/A0.2 $20.55 4/30/202014,400 shares $283,680.00 -5.3%N/A0.4 $19.70 4/15/202015,200 shares $309,320.00 +123.5%N/A0.4 $20.35 3/31/20206,800 shares $136,816.00 +1,260.0%N/A0.2 $20.12 3/13/2020500 shares $10,005.00 -94.4%N/A0 $20.01 2/28/20208,900 shares $198,737.00 +45.9%N/A0.3 $22.33 2/14/20206,100 shares $142,191.00 +15.1%N/A0.2 $23.31 1/31/20205,300 shares $120,893.00 -66.7%N/A0.2 $22.81 RMI Short Interest - Frequently Asked Questions What is RiverNorth Opportunistic Municipal Income Fund's current short interest? Short interest is the volume of RiverNorth Opportunistic Municipal Income Fund shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 17,200 shares of RMI short. Learn More on RiverNorth Opportunistic Municipal Income Fund's current short interest. What is a good short interest ratio for RiverNorth Opportunistic Municipal Income Fund? The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. RMI shares currently have a short interest ratio of 1.0. Learn More on RiverNorth Opportunistic Municipal Income Fund's short interest ratio. Is RiverNorth Opportunistic Municipal Income Fund's short interest increasing or decreasing? RiverNorth Opportunistic Municipal Income Fund saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 17,200 shares, an increase of 117.7% from the previous total of 7,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment. How does RiverNorth Opportunistic Municipal Income Fund's short interest compare to its competitors? Here is how the short interest of companies compare to RiverNorth Opportunistic Municipal Income Fund: 9F Inc. (0.07%), Banco Santander-Chile (0.08%), Insight Select Income Fund (0.55%), Intercorp Financial Services Inc. (0.31%), J.W. Mays, Inc. (0.53%), John Hancock Investors Trust (0.27%), Magic Empire Global Limited (4.24%), Monroe Capital Co. (0.39%), Northeast Bank (1.32%), Nuveen New York Select Tax-Free Income Portfolio (0.13%). Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.18 billion), Charter Communications, Inc. ($3.91 billion), Reddit, Inc. ($3.16 billion), The Kroger Co. ($2.75 billion), International Paper ($2.57 billion), Cencora, Inc. ($2.06 billion), SoFi Technologies, Inc. ($2.06 billion), Rivian Automotive, Inc. ($2.00 billion), Live Nation Entertainment, Inc. ($1.63 billion), and Hims & Hers Health, Inc. ($1.57 billion). View all of the most shorted stocks. What does it mean to sell short RiverNorth Opportunistic Municipal Income Fund stock? Short selling RMI is an investing strategy that aims to generate trading profit from RiverNorth Opportunistic Municipal Income Fund as its price is falling. RMI shares are trading up $0.10 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit. How does a short squeeze work against RiverNorth Opportunistic Municipal Income Fund? A short squeeze for RiverNorth Opportunistic Municipal Income Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of RMI, which in turn drives the price of the stock up even further. How often is RiverNorth Opportunistic Municipal Income Fund's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RMI, twice per month. The most recent reporting period available is January, 15 2025. More Short Interest Resources from MarketBeat Related Companies B. Riley Financial Short Squeeze B. Riley Financial Short Squeeze 9F Short Squeeze Banco Santander-Chile Short Squeeze BlackRock Debt Strategies Fund Short Squeeze BNY Mellon Strategic Municipal Bond Fund Short Squeeze BNY Mellon Strategic Municipals Short Squeeze DNP Select Income Fund Short Squeeze DTF Tax-Free Income 2028 Term Fund Short Squeeze Flaherty & Crumrine Preferred Income Opportunity Fund Short Squeeze Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:RMI) was last updated on 1/31/2025 by MarketBeat.com Staff From Our Partners Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | Sponsored#1 Crypto of 2025Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredVladimir Lenin was right…The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold ...Porter & Company | SponsoredTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode in 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowThe crypto bull market is here, and the stakes couldn’t be higher. The next 3-6 months? They’re the most ex...Crypto Swap Profits | SponsoredMust-See: 5-Second Trump PredictionPresident Trump's prediction is about to become a reality... Opening a rare window of opportunity for you t...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RiverNorth Opportunistic Municipal Income Fund, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share RiverNorth Opportunistic Municipal Income Fund With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
