RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)Financial Services | Asset Management | Chicago, United States | NYSE
15.39 USD
+0.20
(1.284%)
⇧
(April 17, 2026, 3:35 p.m.
EDT)
After hours: 15.39 Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 2:56 p.m. EDT
RMI shows a relatively high dividend yield of 7.04%, with consistent dividend payments over the past few years, indicating a strong track record for income-focused investors. However, the short-term price movement has been volatile, with recent declines and fluctuations around the 52-week range. The current price is near the 52-week low, which could present a potential buying opportunity for short-term traders looking to capitalize on a rebound. The long-term outlook is cautiously optimistic, given the consistent dividend payouts and the fund's focus on municipal income, though the trailing P/E ratio is extremely high, suggesting potential overvaluation. Overall, RMI is more suitable for dividend-focused investors rather than aggressive traders. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.049349 |
| AutoTheta | 0.053224 |
| AutoETS | 0.054249 |
| AutoARIMA | 0.054250 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 3.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.454 |
| Excess Kurtosis | -0.89 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-05-14 |
| Last Dividend Date | 2026-04-14 |
| Market Cap | 98,072,280 |
| Trailing P/E | 128.21 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.58% | 7.89% | 8.35% | 9.85% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-15 | 0.089 | 0.576798 |
| 2026-03-16 | 0.089 | 0.575261 |
| 2026-02-13 | 0.089 | 0.593355 |
| 2026-01-15 | 0.089 | 0.617197 |
| 2025-12-15 | 0.095 | 0.671056 |
| 2025-11-14 | 0.095 | 0.675433 |
| 2025-10-15 | 0.095 | 0.672869 |
| 2025-09-15 | 0.095 | 0.681889 |
| 2025-08-15 | 0.095 | 0.716420 |
| 2025-07-15 | 0.095 | 0.695358 |
| 2025-06-13 | 0.095 | 0.705374 |
| 2025-05-15 | 0.095 | 0.706587 |
| 2025-04-15 | 0.095 | 0.730517 |
| 2025-03-14 | 0.095 | 0.677995 |
| 2025-02-14 | 0.095 | 0.661765 |
| 2025-01-15 | 0.095 | 0.676992 |
| 2024-12-13 | 0.097 | 0.682706 |
| 2024-11-15 | 0.097 | 0.679102 |
| 2024-10-15 | 0.097 | 0.665636 |
| 2024-09-13 | 0.097 | 0.677071 |
| 2024-08-15 | 0.097 | 0.687123 |
| 2024-07-15 | 0.097 | 0.689986 |
| 2024-06-14 | 0.097 | 0.696327 |
| 2024-05-14 | 0.097 | 0.701000 |
| 2024-04-12 | 0.097 | 0.722930 |
| 2024-03-14 | 0.097 | 0.699585 |
| 2024-02-14 | 0.097 | 0.711654 |
| 2024-01-12 | 0.097 | 0.728760 |
| 2023-12-14 | 0.097 | 0.748461 |
| 2023-11-14 | 0.097 | 0.794440 |
| 2023-10-12 | 0.097 | 0.831657 |
| 2023-09-14 | 0.097 | 0.741837 |
| 2023-08-14 | 0.097 | 0.737566 |
| 2023-07-13 | 0.097 | 0.728408 |
| 2023-06-14 | 0.097 | 0.757753 |
| 2023-05-12 | 0.097 | 0.719190 |
| 2023-04-13 | 0.097 | 0.727262 |
| 2023-03-14 | 0.097 | 0.765381 |
| 2023-02-14 | 0.097 | 0.698988 |
| 2023-01-12 | 0.097 | 0.697212 |
| 2022-12-14 | 0.104 | 0.766908 |
| 2022-11-14 | 0.104 | 0.858634 |
| 2022-10-13 | 0.104 | 0.837447 |
| 2022-09-15 | 0.104 | 0.823437 |
| 2022-08-16 | 0.104 | 0.738036 |
| 2022-07-14 | 0.104 | 0.779719 |
| 2022-06-15 | 0.104 | 0.794767 |
| 2022-05-12 | 0.104 | 0.876302 |
| 2022-04-13 | 0.104 | 0.761399 |
| 2022-03-16 | 0.104 | 0.747725 |
| 2022-02-10 | 0.104 | 0.699750 |
| 2022-01-13 | 0.104 | 0.657157 |
| 2021-12-20 | 1.185 | 7.297627 |
| 2021-12-15 | 0.092 | 0.572771 |
| 2021-11-10 | 0.092 | 0.599038 |
| 2021-10-14 | 0.092 | 0.588054 |
| 2021-09-15 | 0.092 | 0.572843 |
| 2021-08-16 | 0.092 | 0.568315 |
| 2021-07-15 | 0.092 | 0.570768 |
| 2021-06-15 | 0.092 | 0.586550 |
| 2021-05-13 | 0.092 | 0.602885 |
| 2021-04-15 | 0.092 | 0.612898 |
| 2021-03-16 | 0.092 | 0.645376 |
| 2021-02-10 | 0.092 | 0.626716 |
| 2021-01-14 | 0.092 | 0.655133 |
| 2020-12-16 | 0.287 | 2.019159 |
| 2020-11-12 | 0.092 | 0.674749 |
| 2020-10-15 | 0.092 | 0.698669 |
| 2020-09-15 | 0.092 | 0.687625 |
| 2020-08-13 | 0.092 | 0.667835 |
| 2020-07-16 | 0.092 | 0.677639 |
| 2020-06-15 | 0.092 | 0.692305 |
| 2020-05-14 | 0.092 | 0.707206 |
| 2020-04-15 | 0.092 | 0.717357 |
| 2020-03-16 | 0.092 | 0.767781 |
| 2020-02-13 | 0.092 | 0.630936 |
| 2020-01-16 | 0.092 | 0.643060 |
| 2019-12-11 | 0.092 | 0.670116 |
| 2019-11-13 | 0.092 | 0.692275 |
| 2019-10-16 | 0.092 | 0.673025 |
| 2019-09-11 | 0.092 | 0.674296 |
| 2019-08-14 | 0.092 | 0.671071 |
| 2019-07-10 | 0.092 | 0.707132 |
| 2019-06-12 | 0.092 | 0.708205 |
| 2019-05-15 | 0.092 | 0.703693 |
| 2019-04-17 | 0.092 | 0.735479 |
| 2019-03-13 | 0.092 | 0.755363 |
| 2019-02-13 | 0.092 | 0.760249 |
| 2019-01-16 | 0.092 | 0.773579 |
| 2018-12-11 | 0.092 | 0.768369 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.092020154 |
| Address1 | 433 West Van Buren Street |
| Address2 | Suite 1100-D |
| All Time High | 24.24 |
| All Time Low | 13.05 |
| Ask | 15.46 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 28,280 |
| Average Daily Volume3 Month | 33,229 |
| Average Volume | 33,229 |
| Average Volume10Days | 28,280 |
| Bid | 15.31 |
| Bid Size | 1,600 |
| City | Chicago |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.385 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 15.79 |
| Day Low | 15.325 |
| Display Name | RiverNorth Opportunistic Municipal Income Fund |
| Dividend Date | 1,553,817,600 |
| Dividend Rate | 1.1 |
| Dividend Yield | 7.24 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 0.12 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,778,803,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 312-832-1461 |
| Fifty Day Average | 15.3908 |
| Fifty Day Average Change | -0.005800247 |
| Fifty Day Average Change Percent | -0.00037686457 |
| Fifty Two Week Change Percent | 9.202015 |
| Fifty Two Week High | 16.36 |
| Fifty Two Week High Change | -0.9750004 |
| Fifty Two Week High Change Percent | -0.0595966 |
| Fifty Two Week Low | 13.71 |
| Fifty Two Week Low Change | 1.6750002 |
| Fifty Two Week Low Change Percent | 0.12217361 |
| Fifty Two Week Range | 13.71 - 16.36 |
| First Trade Date Milliseconds | 1,540,560,600,000 |
| Five Year Avg Dividend Yield | 8.23 |
| Full Exchange Name | NYSE |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01403 |
| Held Percent Institutions | 0.2092 |
| Implied Shares Outstanding | 6,374,539 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,776,211,200 |
| Last Dividend Value | 0.089 |
| Long Name | RiverNorth Opportunistic Municipal Income Fund, Inc. |
| Market | us_market |
| Market Cap | 98,072,280 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_574749143 |
| Non Diluted Market Cap | 96,829,247 |
| Open | 15.3 |
| Operating Margins | 0.0 |
| Payout Ratio | 9.4033 |
| Phone | 312-832-1440 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 15.385 |
| Post Market Time | 1,776,459,481 |
| Previous Close | 15.19 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.195001 |
| Regular Market Change Percent | 1.28374 |
| Regular Market Day High | 15.79 |
| Regular Market Day Low | 15.325 |
| Regular Market Day Range | 15.325 - 15.79 |
| Regular Market Open | 15.3 |
| Regular Market Previous Close | 15.19 |
| Regular Market Price | 15.385 |
| Regular Market Time | 1,776,454,500 |
| Regular Market Volume | 6,172 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 6,374,539 |
| Shares Percent Shares Out | 0.0146 |
| Shares Short | 104,842 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 111,928 |
| Short Name | RiverNorth Opportunistic Munici |
| Short Ratio | 8.06 |
| Source Interval | 15 |
| State | IL |
| Symbol | RMI |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.12 |
| Trailing P E | 128.20834 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.64355 |
| Two Hundred Day Average Change | 0.7414503 |
| Two Hundred Day Average Change Percent | 0.050633237 |
| Type Disp | Equity |
| Volume | 6,172 |
| Zip | 60,607 |