RiverNorth Opportunistic Municipal Income Fund Stock Price, News & Analysis
Company Description
RiverNorth Opportunistic Municipal Income Fund (NYSE: RMI) is a publicly traded asset management company in the Financial Services sector. The company has a market capitalization of $97.5M, ranking #5,153 among all listed U.S. companies by market cap.
RMI stock has gained 8.5% over the past year. Shares last traded at $15.27.
This page provides a comprehensive overview of RMI stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
RiverNorth Opportunistic Municipal Income Fund (RMI) stock last traded at $15.27, down 0.07% from the previous close. Over the past 12 months, the stock has gained 8.5%. At a market capitalization of $97.5M, RMI is classified as a micro-cap stock with approximately 6.4M shares outstanding.
RMI Rankings
Latest News
RiverNorth Opportunistic Municipal Income Fund has 1 recent news article. Of the recent coverage, 1 article coincided with positive price movement and 0 with negative movement. View all RMI news →
SEC Filings
RiverNorth Opportunistic Municipal Income Fund has filed 5 recent SEC filings, including 5 Form 4. The most recent filing was submitted on December 23, 2025. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all RMI SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in RiverNorth Opportunistic Municipal Income Fund (RMI) currently stands at 92.9 thousand shares, down 11.4% from the previous reporting period, representing 1.5% of the float. Over the past 12 months, short interest has increased by 1201.8%. This relatively low short interest suggests limited bearish sentiment. The 7.9 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for RiverNorth Opportunistic Municipal Income Fund (RMI) currently stands at 7.9 days, up 156.7% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 688% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 7.9 days.
RMI Company Profile & Sector Positioning
RiverNorth Opportunistic Municipal Income Fund (RMI) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE.
Investors comparing RMI often look at related companies in the same sector, including Gabelli Global Deal Fund (GDL), Phenixfin Corp (PFX), Hennessy Advisor (HNNA), Virtus Global Multi-Sector Income Fund (VGI), and Western Asset Global Corporate Opportunity Fund (GDO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate RMI's relative position within its industry.