RMI
Price:
$14.245
Market Cap:
$90.81M
RiverNorth Opportunistic Municipal Income Fund, Inc. operates as a Closed-End Fund or an Investment Trust. The fund primarily focuses on capitalizing on high-potential investment opportunities found within distinct, specialized market sectors. Furthermore, the company extends its services as an investment manager, overseeing publicly registered funds, private investment vehicles, and tailored client portfolios. Its principal place of business is situated in West Palm Beach, Florida.
Industry
Asset Management
IPO Date
2018-10-26
Stock Exchange
NYSE
Ticker
RMI
According to RiverNorth Opportunistic Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 2.73 of the last 4 quarters.
The mean historical Current Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. over the last ten years is 2.33. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), RMI's Current Ratio was at its highest in in the December 2020 quarter at 25.07. The Current Ratio was at its lowest in in the June 2026 quarter at 0.
Average
2.33
Median
1.59
Minimum
0
Maximum
6.82
Discovering the peaks and valleys of RiverNorth Opportunistic Municipal Income Fund, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 15.31%
Maximum Annual Current Ratio = 6.82
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 0 | -100.00% |
| 2025 | 3.72 | 15.31% |
| 2024 | 0.02 | -98.91% |
| 2023 | 2.20 | -67.66% |
| 2022 | 6.82 | 1.48% |
| 2021 | 0.43 | -90.33% |
| 2020 | 4.46 | 354.17% |
The current Current Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.25
5-year avg
2.55
10-year avg
2.33
RiverNorth Opportunistic Municipal Income Fund, Inc.’s Current Ratio is less than RiverNorth Flexible Municipal Income Fund, Inc. (0.27), less than Pear Tree Polaris Small Cap Fund (0), less than The Central and Eastern Europe Fund, Inc. (1.17), less than The GDL Fund (19.67), less than Chase Growth Fund (0), less than PIMCO Global StocksPLUS & Income Fund (0.76), less than Reynolds Blue Chip Growth Fund (0), less than Virtus Global Multi-Sector Income Fund (1.13), less than LSV Global Value Fund (0), less than WesMark Balanced Fund (1.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.27 | $83.28M | |
| 0 | $99.94M | |
| 1.17 | $125.16M | |
| 19.67 | $93.92M | |
| 0 | $136.52M | |
| 0.76 | $97.92M | |
| 0 | $69.96M | |
| 1.13 | $79.19M | |
| 0 | $116.98M | |
| 1.22 | $102.71M |
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