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RiverNorth Financial Holdings, LLC, affiliate of the adviser of RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI), reported purchasing 2794 shares of common stock. The transactions, which occurred on October 20, 2025, involved a purchase at a price of $14.60 per share, totaling $40792.
Following the transaction, RiverNorth Financial Holdings, LLC directly owns 16254 shares of RiverNorth Opportunistic Municipal Income Fund, Inc. The fund’s average daily trading volume stands at 50,000 shares, with the stock trading between its 52-week range of $13.63 to $16.74. Discover more detailed insights and 10+ additional ProTips with InvestingPro.
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