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

RiverNorth Opportunistic Municipal Income Fund logo
$14.30 +0.05 (+0.32%)
Closing price 03:53 PM Eastern
Extended Trading
$14.44 +0.15 (+1.04%)
As of 04:08 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.

RiverNorth Opportunistic Municipal Income Fund Short Interest Data

RiverNorth Opportunistic Municipal Income Fund (RMI) has a short interest of 16,900 shares. This marks a -3.43% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 20,400 shares to cover all short positions.

Current Short Interest
16,900 shares
Previous Short Interest
17,500 shares
Change Vs. Previous Month
-3.43%
Dollar Volume Sold Short
$242.35 thousand
Short Interest Ratio
0.7 Days to Cover
Last Record Date
June 15, 2025
Today's Trading Volume
10,238 shares
Average Trading Volume
20,400 shares
Today's Volume Vs. Average
50%
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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
6/15/202516,900 shares $242.35 thousand -3.4%N/A0.7 $14.34
5/31/202517,500 shares $255.15 thousand +15.9%N/A0.7 $14.58
5/15/202515,100 shares $218.35 thousand +112.7%N/A0.6 $14.46
4/30/20257,100 shares $101.74 thousand +91.9%N/A0.3 $14.33
4/15/20253,700 shares $51.86 thousand +2.8%N/A0.2 $14.02
3/31/20253,600 shares $53.75 thousand -70.3%N/A0.2 $14.93
3/15/202512,100 shares $184.16 thousand -13.6%N/A0.5 $15.22
2/28/202514,000 shares $220.71 thousand -4.1%N/A0.6 $15.77
2/15/202514,600 shares $229.07 thousand -34.8%N/A0.5 $15.69
1/31/202522,400 shares $350.67 thousand +30.2%N/A0.8 $15.66
1/15/202517,200 shares $265.40 thousand +117.7%N/A0.6 $15.43
12/31/20247,900 shares $118.97 thousand +3,850.0%N/A0.3 $15.06
12/15/2024200 shares $3.14 thousand -95.4%N/A0 $15.72
11/30/20244,300 shares $68.97 thousand +19.4%N/A0.2 $16.04
11/15/20243,600 shares $57.24 thousand -33.3%N/A0.2 $15.90
10/31/20245,400 shares $85.81 thousand +440.0%N/A0.3 $15.89
10/15/20241,000 shares $16.32 thousand -63.0%N/A0.1 $16.32
9/30/20242,700 shares $44.09 thousand -43.8%N/A0.1 $16.33
9/15/20244,800 shares $77.47 thousand -14.3%N/A0.2 $16.14
8/31/20245,600 shares $88.93 thousand +107.4%N/A0.3 $15.88
8/15/20242,700 shares $43.23 thousand -38.6%N/A0.1 $16.01
7/31/20244,400 shares $70.66 thousand +51.7%N/A0.3 $16.06
7/15/20242,900 shares $46.49 thousand No ChangeN/A0.2 $16.03
6/30/20242,900 shares $46.14 thousand -55.4%N/A0.2 $15.91
6/15/20246,500 shares $103.87 thousand +3.2%N/A0.5 $15.98
5/31/20246,300 shares $98.85 thousand -47.5%N/A0.5 $15.69
5/15/202412,000 shares $194.04 thousand +155.3%N/A0.8 $16.17
4/30/20244,700 shares $72.33 thousand +67.9%N/A0.3 $15.39
4/15/20242,800 shares $42.90 thousand -9.7%N/A0.2 $15.32
3/31/20243,300 shares $53.13 thousand +230.0%N/A0.2 $16.10
3/15/20241,000 shares $16.50 thousand +42.9%N/A0.1 $16.50
2/29/2024700 shares $11.28 thousand -92.7%N/A0 $16.11
2/15/20249,600 shares $154.56 thousand +39.1%N/A0.4 $16.10
1/31/20246,900 shares $109.78 thousand +23.2%N/A0.3 $15.91
1/15/20245,600 shares $88.14 thousand +24.4%N/A0.2 $15.74
12/31/20234,500 shares $68.54 thousand +136.8%N/A0.2 $15.23
12/15/20231,900 shares $29.30 thousand +5.6%N/A0.1 $15.42
11/30/20231,800 shares $27.46 thousand -37.9%N/A0.1 $15.26
11/15/20232,900 shares $42.40 thousand -69.2%N/A0.1 $14.62
10/31/20239,400 shares $128.87 thousand +113.6%N/A0.5 $13.71
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10/15/20234,400 shares $62.30 thousand +69.2%N/A0.3 $14.16
9/30/20232,600 shares $37.34 thousand -39.5%N/A0.2 $14.36
9/15/20234,300 shares $68.93 thousand +760.0%N/A0.3 $16.03
8/31/2023500 shares $8.00 thousand -90.7%N/A0 $15.99
8/15/20235,400 shares $85.37 thousand +575.0%N/A0.4 $15.81
7/31/2023800 shares $13.31 thousand -69.2%N/A0.1 $16.64
7/15/20232,600 shares $42.38 thousand +225.0%N/A0.2 $16.30
6/30/2023800 shares $13.10 thousand -77.8%N/A0.1 $16.37
6/15/20233,600 shares $57.20 thousand +157.1%N/A0.2 $15.89
5/31/20231,400 shares $21.91 thousand -88.2%N/A0.1 $15.65
5/15/202311,900 shares $197.54 thousand -6.3%N/A0.9 $16.60
4/30/202312,700 shares $213.80 thousand -16.5%N/A0.9 $16.84
4/15/202315,200 shares $250.50 thousand +60.0%N/A1 $16.48
3/31/20239,500 shares $159.10 thousand +39.7%N/A0.6 $16.75
3/15/20236,800 shares $107.03 thousand -47.3%N/A0.4 $15.74
2/28/202312,900 shares $215.82 thousand -38.9%N/A0.6 $16.73
2/15/202321,100 shares $371.15 thousand -28.2%N/A0.9 $17.59
1/31/202329,400 shares $529.20 thousand +2.4%N/A1.1 $18.00
1/15/202328,700 shares $510.86 thousand -15.3%N/A1 $17.80
12/30/202233,900 shares $554.27 thousand +13.8%N/A1.2 $16.35
12/15/202229,800 shares $521.20 thousand +33.6%N/A1.1 $17.49
11/30/202222,300 shares $386.68 thousand +214.1%N/A0.9 $17.34
11/15/20227,100 shares $117.08 thousand +7,000.0%N/A0.3 $16.49
10/31/2022100 shares $1.47 thousand -94.7%N/A0 $14.68
10/15/20221,900 shares $30.46 thousand No ChangeN/A0.1 $16.03
9/30/20222,700 shares $42.12 thousand +285.7%N/A0.2 $15.60
9/15/2022700 shares $11.53 thousand -90.7%N/A0 $16.47
8/31/20227,500 shares $129.08 thousand -24.2%N/A0.4 $17.21
8/15/20229,900 shares $184.04 thousand +22.2%N/A0.4 $18.59
7/31/20228,100 shares $146.93 thousand +268.2%N/A0.3 $18.14
7/15/20222,200 shares $38.72 thousand -82.8%N/A0.1 $17.60
6/30/202212,800 shares $224 thousand -36.6%N/A0.4 $17.50
6/15/202220,200 shares $350.87 thousand +108.3%N/A0.6 $17.37
5/31/20229,700 shares $170.62 thousand +385.0%N/A0.3 $17.59
5/15/20222,000 shares $32.12 thousand -25.9%N/A0.1 $16.06
4/30/20222,700 shares $45.77 thousand -71.6%N/A0.1 $16.95
4/15/20229,500 shares $174.80 thousand +352.4%N/A0.5 $18.40
3/31/20222,100 shares $38.96 thousand +162.5%N/A0.1 $18.55
3/15/2022800 shares $15.13 thousand +166.7%N/A0 $18.91
2/28/2022300 shares $5.88 thousand -91.4%N/A0 $19.59
2/15/20223,500 shares $70.18 thousand -47.0%N/A0.2 $20.05
1/31/20226,600 shares $134.18 thousand +83.3%N/A0.4 $20.33
1/15/20223,600 shares $77.26 thousand +3,500.0%N/A0.2 $21.46
12/31/2021100 shares $2.23 thousand -96.3%N/A0 $22.30
12/15/20212,700 shares $62.72 thousand -60.9%N/A0.3 $23.23
11/30/20216,900 shares $156.42 thousand +56.8%N/A0.8 $22.67
11/15/20214,400 shares $99.97 thousand +528.6%N/A0.5 $22.72
10/29/2021700 shares $15.37 thousand -81.1%N/A0.1 $21.95
10/15/20213,700 shares $83.69 thousand +85.0%N/A0.4 $22.62
9/30/20212,000 shares $46.24 thousand -56.5%N/A0.2 $23.12
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9/15/20214,600 shares $108.15 thousand -28.1%N/A0.5 $23.51
8/31/20216,400 shares $149.95 thousand +276.5%N/A0.6 $23.43
8/13/20211,700 shares $40.31 thousand -57.5%N/A0.2 $23.71
7/30/20214,000 shares $94.40 thousand +25.0%N/A0.4 $23.60
7/15/20213,200 shares $76.10 thousand +220.0%N/A0.3 $23.78
6/30/20211,000 shares $23.16 thousand -66.7%N/A0.1 $23.16
6/15/20213,000 shares $69.69 thousand +500.0%N/A0.3 $23.23
5/28/2021500 shares $11.46 thousand -88.6%N/A0 $22.91
5/14/20214,400 shares $99.84 thousand +83.3%N/A0.4 $22.69
4/30/20212,400 shares $53.52 thousand -73.6%N/A0.2 $22.30
4/15/20219,100 shares $203.84 thousand +506.7%N/A0.6 $22.40
3/31/20211,500 shares $33.05 thousand -75.4%N/A0.1 $22.03
3/15/20216,100 shares $132.80 thousand +1,425.0%N/A0.4 $21.77
2/26/2021400 shares $8.46 thousand -97.0%N/A0 $21.14
2/12/202113,200 shares $291.06 thousand +6,500.0%N/A0.8 $22.05
1/29/2021200 shares $4.35 thousand -94.1%N/A0 $21.74
1/15/20213,400 shares $72.18 thousand No ChangeN/A0.2 $21.23
8/14/2020600 shares $12.83 thousand -50.0%N/A0.1 $21.38
7/31/20201,200 shares $25.60 thousand -29.4%N/A0.1 $21.33
7/15/20201,700 shares $36.38 thousand -82.1%N/A0.1 $21.40

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 June 15th, investors have sold 16,900 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 decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,900 shares, a decrease of 3.4% from the previous total of 17,500 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: Bank of the James Financial Group, Inc. (0.22%), Blackrock Income Trust (0.28%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.32%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($69.26 billion), Invesco QQQ ($25.22 billion), iShares Russell 2000 ETF ($20.33 billion), iShares 20+ Year Treasury Bond ETF ($9.99 billion), MicroStrategy Incorporated ($9.12 billion), Canadian Natural Resources Limited ($6.73 billion), SPDR S&P Biotech ETF ($6.52 billion), Invesco S&P 500 Equal Weight ETF ($5.60 billion), Financial Select Sector SPDR Fund ($4.64 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.59 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 $0.04 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 appreciates 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 June, 15 2025.




This page (NYSE:RMI) was last updated on 7/1/2025 by MarketBeat.com Staff
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