RMI RiverBanc Multifamily Investors

Several RiverNorth closed-end funds (the Funds) have announced the declaration of monthly distributions for July, August and September 2022 in accordance with each Funds level distribution policy, as detailed below. Ex Date Record Date Payable Date July 14, 2022 July 15, 2022 July 29, 2022 August...

--- - The RiverNorth Opportunistic Municipal Income Fund, Inc. and the RiverNorth Flexible Municipal Income Fund, Inc. have each declared a year-end capital gain distribution, as detailed below. These year-end capital gain distributions are in addition to each Funds regular monthly distribution and are...

--- - This indicator may be signaling RMI's price has momentum to move higher, since its current price moved above its price 14 days ago. Traders may consider buying the stock or exploring call options...

--- - Morgan Stanley raised its stake in RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) by 9.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 133,025 shares of the companys stock after buying an additional 10,933 shares during the period. Morgan...

--- - Advisors Asset Management Inc. bought a new position in shares of RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) in the second quarter, according to the company in its most recent 13F filing with the Securities Exchange Commission. The fund bought 15,227 shares of the company...

--- - RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) was the recipient of a significant growth in short interest during the month of July. As of July 30th, there was short interest totalling 4,000 shares, a growth of 25.0% from the July 15th total of 3,200 shares. Based on an average ...