The stock of RiverNorth Flexible Municipal Income Fund Inc (RFM) has gone up by 2.13% for the week, with a 0.53% rise in the past month and a -5.07% drop in the past quarter. The volatility ratio for the week is 0.92%, and the volatility levels for the past 30 days are 0.67% for RFM. The simple moving average for the last 20 days is 1.05% for RFM’s stock, with a simple moving average of -6.51% for the last 200 days.
Is It Worth Investing in RiverNorth Flexible Municipal Income Fund Inc (NYSE: RFM) Right Now?
RiverNorth Flexible Municipal Income Fund Inc (NYSE: RFM) has a higher price-to-earnings ratio of 14.88x compared to its average ratio, The 36-month beta value for RFM is at 0.67.
The public float for RFM is 6.09M, and currently, shorts hold a 0.16% of that float. The average trading volume for RFM on July 04, 2025 was 24.73K shares.
RFM stock’s latest price update
RiverNorth Flexible Municipal Income Fund Inc (NYSE: RFM) has experienced a rise in its stock price by 0.53% compared to its previous closing price of $14.06. However, the company has seen a gain of 2.13% in its stock price over the last five trading days. 247wallst.com reported 2025-06-20 that One of the only downsides to passive income from stocks and bonds is that the revenue generated from those investments is subject to federal and state income tax.
RFM Trading at 0.18% from the 50-Day Moving Average
After a stumble in the market that brought RFM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.07% of loss for the given period.
Volatility was left at 0.67%, however, over the last 30 days, the volatility rate increased by 0.92%, as shares surge +0.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.48% upper at present.
During the last 5 trading sessions, RFM rose by +2.13%, which changed the moving average for the period of 200-days by -13.07% in comparison to the 20-day moving average, which settled at $13.99. In addition, RiverNorth Flexible Municipal Income Fund Inc saw -12.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RFM starting from Browne Jonathan Paul, who purchase 750 shares at the price of $13.59 back on Apr 10 ’25. After this action, Browne Jonathan Paul now owns 750 shares of RiverNorth Flexible Municipal Income Fund Inc, valued at $10,192 using the latest closing price.
Galley Patrick W., the President of RiverNorth Flexible Municipal Income Fund Inc, purchase 900 shares at $13.83 during a trade that took place back on Apr 09 ’25, which means that Galley Patrick W. is holding 7,600 shares at $12,444 based on the most recent closing price.
Conclusion
In conclusion, RiverNorth Flexible Municipal Income Fund Inc (RFM) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
