RMI Company Profile and Key Details

Short-term trend indicators are bearishly aligned (SMA20 2.68%, SMA50 3.53%, SMA200 4.87%). The stock’s 14-day RSI is 73.36 (overbought), while the ATR of 0.18 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -4.7% below its high and over 10.75% above its low. Average 10-day trading volume of 23.33 thousand shares is below the 3-month average of 29.49 thousand, indicating normal recent market interest.

RiverNorth Opportunistic Municipal Income Fund, Inc. last paid a dividend of 1.13 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$9.78. This means the shares are trading below this model’s fair value.

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) closed at $15.10 USD, gaining $0.15 (0.97%) from the previous close of $14.95. The stock is currently within 5% of its 52-week high $13.63 and $15.84. With a market capitalization of about $96.22 million, RiverNorth Opportunistic Municipal Income Fund, Inc. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.71). Key stats such as the average daily volume over the past year has been around 30.20 thousand shares, in line with its 52-week average. Headquartered in Chicago, IL, RiverNorth Opportunistic Municipal Income Fund, Inc. operates in the Financial Services sector and the Financial - Conglomerates industry. RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust.

Our AI price prediction model suggests that RiverNorth Opportunistic Municipal Income Fund, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -4.24%, with price expected at $14.46 by July 25, 2025, within a range of $14.29 to $14.63 3-Month Outlook: Projected rise of 1.99%, reaching $15.40 by October 08, 2025, with a range of $14.69 to $16.01. 1-Year Outlook: Projected gain of 29.6%, with price at $19.57 by July 10, 2026, within a range of $9.13 to $26.52.

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) shares are flat -4.91% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows RiverNorth Opportunistic Municipal Income Fund, Inc. trading at a premium to the broader market with a P/E of -24.02. Our AI forecast model points to short-term weakness (-4.24% over two weeks), a medium-term rise (1.99% over three months), and a longer-term gain (29.6% over one year), with expected trading ranges indicating moderate volatility.

RiverNorth Opportunistic Municipal Income Fund, Inc. trades at a P/E ratio of -24.02, slightly below the S&P 500 average, with a price-to-sales ratio of 12.22 and a price-to-book ratio of 0.97 suggesting the stock is closer to book value. The P/FCF stands at 27.2, also below market averages.