RIVERNORTH OPPORT MUNI INC (RMI) Stock Price & Overview
NYSE:RMI • US76883F1084
Current stock price
The current stock price of RMI is 15.62 USD. Today RMI is down by -0.51%. In the past month the price decreased by -2.37%. In the past year, price increased by 12.17%.
RMI Key Statistics
- Market Cap
- 99.499M
- P/E
- N/A
- Fwd P/E
- N/A
- EPS (TTM)
- -0.63
- Dividend Yield
- 6.44%
RMI Stock Performance
RMI Stock Chart
RMI Technical Analysis
ChartMill assigns a technical rating of 5 / 10 to RMI. When comparing the yearly performance of all stocks, RMI turns out to be only a medium performer in the overall market: it outperformed 56.93% of all stocks.
RIVERNORTH OPPORT MUNI INC / RMI FAQ
What does RIVERNORTH OPPORT MUNI INC do?
Rivernorth Opportunistic Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2018-10-26. Rivernorth Opportunistic Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (Municipal Bonds). The Fund’s investment adviser is RiverNorth Capital Management, LLC (the Adviser) and the Fund’s sub-adviser is MacKay.
What is the current price of RMI stock?
The current stock price of RMI is 15.62 USD. The price decreased by -0.51% in the last trading session.
What is the ChartMill rating of RIVERNORTH OPPORT MUNI INC stock?
RMI has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 1 out of 10.
Is RIVERNORTH OPPORT MUNI INC (RMI) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RMI.