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RiverNorth Opportunistic Municipal Income Fund (RMI) Short Interest Ratio & Short Volume

RiverNorth Opportunistic Municipal Income Fund logo
$15.01 -0.09 (-0.60%)
(As of 12/20/2024 04:33 PM ET)

RiverNorth Opportunistic Municipal Income Fund Short Interest Data

RiverNorth Opportunistic Municipal Income Fund (RMI) has a short interest of 4,300 shares. This marks a 19.44% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.2, indicating that it would take 0.2 days of the average trading volume of 18,974 shares to cover all short positions.

Current Short Interest
4,300 shares
Previous Short Interest
3,600 shares
Change Vs. Previous Month
+19.44%
Dollar Volume Sold Short
$68,972.00
Short Interest Ratio
0.2 Days to Cover
Last Record Date
November 30, 2024
Today's Trading Volume
143,144 shares
Average Trading Volume
18,974 shares
Today's Volume Vs. Average
754%
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RMI Short Interest Over Time

RMI Days to Cover Over Time

RMI Percentage of Float Shorted Over Time

RiverNorth Opportunistic Municipal Income Fund Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
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
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 $15.65
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
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
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 $22.30
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
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
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
1/15/202015,900 shares $365,700.00 +57.4%N/A0.7 $23.00
12/31/201910,100 shares $229,068.00 +94.2%N/A0.5 $22.68

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 covered or closed out. As of November 30th, investors have sold 4,300 shares of RMI short. Learn More on RiverNorth Opportunistic Municipal Income Fund's current short interest.

Is RiverNorth Opportunistic Municipal Income Fund's short interest increasing or decreasing?

RiverNorth Opportunistic Municipal Income Fund saw a increase in short interest in November. As of November 30th, there was short interest totaling 4,300 shares, an increase of 19.4% from the previous total of 3,600 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: AGM Group Holdings Inc. (0.20%), Alexander's, Inc. (5.44%), AllianceBernstein Global High Income Fund (0.15%), American Realty Investors, Inc. (1.24%), Ames National Co. (0.52%), Banco BBVA Argentina S.A. (0.91%), Banco Bradesco S.A. (0.00%), Banco Bradesco S.A. (0.35%), Banco de Chile (0.05%), Banco Macro S.A. (0.91%),

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. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 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 down $0.09 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 November, 30 2024.




This page (NYSE:RMI) was last updated on 12/22/2024 by MarketBeat.com Staff
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