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NYSE:RMI

RiverNorth Opportunistic Municipal Income Fund (RMI) Stock Price, News & Analysis

RiverNorth Opportunistic Municipal Income Fund logo
$15.89
+0.02 (+0.13%)
(As of 10/31/2024 ET)

About RiverNorth Opportunistic Municipal Income Fund Stock (NYSE:RMI)

Key Stats

Today's Range
$15.79
$15.95
50-Day Range
$15.76
$16.46
52-Week Range
$13.26
$16.51
Volume
31,763 shs
Average Volume
16,924 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.24%
Price Target
N/A
Consensus Rating
N/A

Company Overview

The RiverNorth Opportunistic Municipal Income Fund, Inc. (the "Fund") seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

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RMI Stock News Headlines

$5k to $1.3m in just 3 trades
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
RiverNorth Managed Duration Muni Inc Fd
RiverNorth Closed-End Funds Declare Monthly Distributions
See More Headlines

RMI Stock Analysis - Frequently Asked Questions

RiverNorth Opportunistic Municipal Income Fund's stock was trading at $15.23 at the beginning of the year. Since then, RMI shares have increased by 4.3% and is now trading at $15.89.
View the best growth stocks for 2024 here
.

RiverNorth Opportunistic Municipal Income Fund (RMI) raised $74 million in an initial public offering on Wednesday, August 5th 2015. The company issued 3,800,000 shares at a price of $19.00-$20.00 per share. Baird, Keefe, Bruyette & Woods (A Stifel Company) and SunTrust Robinson Humphrey served as the underwriters for the IPO and Nomura, Oppenheimer and J.J.B. Hilliard, W.L. Lyons were co-managers.

Top institutional shareholders of RiverNorth Opportunistic Municipal Income Fund include Stratos Wealth Partners LTD.. Insiders that own company stock include Scott Sprauer and Patrick W Galley.
View institutional ownership trends
.

Shares of RMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that RiverNorth Opportunistic Municipal Income Fund investors own include Agree Realty (ADC), Arbor Realty Trust (ABR), Easterly Government Properties (DEA), Lamar Advertising (LAMR), Medical Properties Trust (MPW), PIMCO California Municipal Income Fund (PCQ) and RiverNorth Flexible Municipal Income Fund (RFM).

Company Calendar

Today
10/31/2024
Ex-Dividend for 11/29 Dividend
11/15/2024
Ex-Dividend for 11/29 Dividend
11/15/2024
Dividend Payable
11/29/2024
Dividend Payable
11/29/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Financial Conglomerates
Sub-Industry
N/A
Fax
N/A
Employees
147,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$8.74 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:RMI) was last updated on 10/31/2024 by MarketBeat.com Staff
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