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RiverNorth Flexible Municipal Income Fund (RFM) Stock: Why It Moved Today
Updated Oct 19, 2026, 4:00 PM ET · closing price
What changed since yesterday
- Closed at $13.01, +0.15% vs the prior close of $12.99.
- Volume 14.04K shares, 0.7x its 50-day average.
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
RFM ends flat (+0.2%) to $13.01, 3 up days in a row. Closed at $13.01, +0.15% vs the prior close of $12.99. Day range $13.01–$13.11, opened at $13.07.
Last close$13.01+0.15%
Day range13.01–13.11
Open13.07
Volume14.04K
52-week range12.52–15.03
Avg volume (20d)29.06K
RFM daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 19, 2026 — RFM ends flat (+0.2%) to $13.01, 3 up days in a row
- Closed at $13.01, +0.15% vs the prior close of $12.99. Day range $13.01–$13.11, opened at $13.07.
- Volume was 14.04K shares, 0.7x its 50-day average of 21.15K.
- Price is -5.4% vs its 50-day average ($13.75) and -8.9% vs its 200-day average ($14.28).
- 52-week range $12.52–$15.03; today's close sits at 20% of that range, 13.4% below the 52-week high.
- That makes 3 straight gains.
Oct 16, 2026 — RFM rises 0.5% to $12.99
- Closed at $12.99, +0.54% vs the prior close of $12.92. Day range $12.90–$13.06, opened at $12.96.
- Volume was 20.60K shares, 1.0x its 50-day average of 20.88K.
- Price is -5.8% vs its 50-day average ($13.79) and -9.1% vs its 200-day average ($14.29).
- 52-week range $12.52–$15.03; today's close sits at 19% of that range, 13.6% below the 52-week high.
Oct 15, 2026 — RFM rises 0.8% to $12.92 on 2.7x normal volume
- Closed at $12.92, +0.78% vs the prior close of $12.82. Day range $12.83–$12.97, opened at $12.83.
- Volume was 55.00K shares, 2.7x its 50-day average of 20.04K — unusually heavy trading.
- Price is -6.5% vs its 50-day average ($13.82) and -9.6% vs its 200-day average ($14.29).
- 52-week range $12.52–$15.03; today's close sits at 16% of that range, 14.0% below the 52-week high.
Oct 14, 2026 — RFM dips 1.5% to $12.82, 3 down days in a row
- Closed at $12.82, -1.46% vs the prior close of $13.01. Day range $12.82–$12.95, opened at $12.90.
- Volume was 24.20K shares, 1.2x its 50-day average of 19.58K.
- Price is -7.4% vs its 50-day average ($13.85) and -10.3% vs its 200-day average ($14.30).
- 52-week range $12.52–$15.03; today's close sits at 12% of that range, 14.7% below the 52-week high.
- That makes 3 straight losses.
Oct 13, 2026 — RFM ends flat (+0.0%) to $13.01
- Closed at $13.01, +0.00% vs the prior close of $13.01. Day range $13.00–$13.12, opened at $13.11.
- Volume was 14.00K shares, 0.7x its 50-day average of 19.36K.
- Price is -6.3% vs its 50-day average ($13.89) and -9.0% vs its 200-day average ($14.30).
- 52-week range $12.52–$15.03; today's close sits at 20% of that range, 13.4% below the 52-week high.
Oct 12, 2026 — RFM ends flat (-0.1%) to $13.01
- Closed at $13.01, -0.08% vs the prior close of $13.02. Day range $12.98–$13.09, opened at $13.09.
- Volume was 7.50K shares, 0.4x its 50-day average of 19.35K — lighter than usual.
- Price is -6.5% vs its 50-day average ($13.92) and -9.1% vs its 200-day average ($14.31).
- 52-week range $12.52–$15.03; today's close sits at 20% of that range, 13.4% below the 52-week high.
Oct 9, 2026 — RFM rises 1.6% to $13.02
- Closed at $13.02, +1.64% vs the prior close of $12.81. Day range $12.81–$13.14, opened at $12.81.
- Volume was 20.10K shares, 1.1x its 50-day average of 19.04K.
- Price is -6.7% vs its 50-day average ($13.95) and -9.0% vs its 200-day average ($14.31).
- 52-week range $12.52–$15.03; today's close sits at 20% of that range, 13.4% below the 52-week high.
Oct 8, 2026 — RFM dips 0.3% to $12.81
- Closed at $12.81, -0.31% vs the prior close of $12.85. Day range $12.71–$12.85, opened at $12.84.
- Volume was 16.30K shares, 0.9x its 50-day average of 18.94K.
- Price is -8.4% vs its 50-day average ($13.98) and -10.5% vs its 200-day average ($14.32).
- 52-week range $12.52–$15.03; today's close sits at 12% of that range, 14.8% below the 52-week high.
Oct 7, 2026 — RFM dips 0.6% to $12.85
- Closed at $12.85, -0.62% vs the prior close of $12.93. Day range $12.83–$13.00, opened at $12.92.
- Volume was 30.70K shares, 1.7x its 50-day average of 18.50K.
- Price is -8.3% vs its 50-day average ($14.02) and -10.3% vs its 200-day average ($14.32).
- 52-week range $12.52–$15.03; today's close sits at 13% of that range, 14.5% below the 52-week high.
Oct 6, 2026 — RFM rises 1.2% to $12.93 on 2.3x normal volume
- Closed at $12.93, +1.17% vs the prior close of $12.78. Day range $12.74–$12.97, opened at $12.78.
- Volume was 41.50K shares, 2.3x its 50-day average of 17.73K — unusually heavy trading.
- Price is -8.0% vs its 50-day average ($14.05) and -9.8% vs its 200-day average ($14.33).
- 52-week range $12.52–$15.03; today's close sits at 16% of that range, 14.0% below the 52-week high.
Oct 5, 2026 — RFM dips 1.7% to $12.78
- Closed at $12.78, -1.69% vs the prior close of $13.00. Day range $12.70–$13.06, opened at $13.06.
- Volume was 22.80K shares, 1.3x its 50-day average of 17.43K.
- Price is -9.3% vs its 50-day average ($14.09) and -10.9% vs its 200-day average ($14.34).
- 52-week range $12.52–$15.03; today's close sits at 10% of that range, 15.0% below the 52-week high.
Oct 2, 2026 — RFM ends flat (+0.2%) to $13.00, 3 up days in a row
- Closed at $13.00, +0.23% vs the prior close of $12.97. Day range $12.94–$13.14, opened at $13.10.
- Volume was 17.30K shares, 1.0x its 50-day average of 17.15K.
- Price is -8.0% vs its 50-day average ($14.12) and -9.4% vs its 200-day average ($14.34).
- 52-week range $12.52–$15.03; today's close sits at 19% of that range, 13.5% below the 52-week high.
- That makes 3 straight gains.
RFM bull case vs bear case (from the data)
Bull case
- Insiders made 25 open-market purchases in the last 12 months.
Bear case
- Price is -5.4% vs its 50-day average — short-term trend is down.
- Price is -8.9% vs its 200-day average — below the long-term trend line.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
RFM latest news & SEC filings
Every SEC filing by or about RFM in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 27, 2026 · Form NPORT-P — NPORT-P filing
NPORT-P filing
Aug 21, 2026 · Form DEF 14A — Proxy statement
Proxy statement — agenda for the shareholder meeting (board elections, executive pay, votes)
Aug 20, 2026 · Form N-PX — Annual proxy voting record
Annual proxy voting record
Jul 28, 2026 · Form 40-17G — 40-17G filing
40-17G filing
Things to know before you trade RFM
- How much it moves: over the last 20 sessions the average daily move was 0.85% (largest 2.3%). That is a relatively calm stock.
- Liquidity: about 29.06K shares (≈$378.09K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $13.01 vs a range of $12.52–$15.03 (20% of the range).
- Dividends: last ex-dividend date Oct 15, 2026 ($0.088/share); 12 payments in the past 12 months.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 25 open-market buys, 0 sales; latest: Financial Holdings, Llc Rivernorth bought 175 shares on Nov 26, 2025.
- Listing: NYSE · industry: —.
RFM market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | 13.07 | 13.11 | 13.01 | 13.01 | 14.04K |
| Oct 16, 2026 | 12.96 | 13.06 | 12.90 | 12.99 | 20.60K |
| Oct 15, 2026 | 12.83 | 12.97 | 12.83 | 12.92 | 55.00K |
| Oct 14, 2026 | 12.90 | 12.95 | 12.82 | 12.82 | 24.20K |
| Oct 13, 2026 | 13.11 | 13.12 | 13.00 | 13.01 | 14.00K |
| Oct 12, 2026 | 13.09 | 13.09 | 12.98 | 13.01 | 7.50K |
| Oct 9, 2026 | 12.81 | 13.14 | 12.81 | 13.02 | 20.10K |
| Oct 8, 2026 | 12.84 | 12.85 | 12.71 | 12.81 | 16.30K |
| Oct 7, 2026 | 12.92 | 13.00 | 12.83 | 12.85 | 30.70K |
| Oct 6, 2026 | 12.78 | 12.97 | 12.74 | 12.93 | 41.50K |
| Oct 5, 2026 | 13.06 | 13.06 | 12.70 | 12.78 | 22.80K |
| Oct 2, 2026 | 13.10 | 13.14 | 12.94 | 13.00 | 17.30K |
| Oct 1, 2026 | 12.89 | 13.02 | 12.80 | 12.97 | 16.20K |
| Sep 30, 2026 | 12.79 | 12.97 | 12.79 | 12.85 | 41.40K |
| Sep 29, 2026 | 12.75 | 12.80 | 12.68 | 12.68 | 37.30K |
| Sep 28, 2026 | 12.95 | 13.14 | 12.52 | 12.74 | 81.20K |
| Sep 25, 2026 | 13.19 | 13.19 | 13.01 | 13.04 | 11.20K |
| Sep 24, 2026 | 13.34 | 13.41 | 13.05 | 13.12 | 39.00K |
| Sep 23, 2026 | 13.43 | 13.43 | 13.28 | 13.31 | 47.30K |
| Sep 22, 2026 | 13.42 | 13.51 | 13.42 | 13.44 | 23.60K |
About RiverNorth Flexible Municipal Income Fund
RiverNorth Flexible Municipal Income Fund (RFM) is listed on the NYSE and classified by the SEC under “—”. Its business address is in WEST PALM BEACH, FL. State of incorporation: MD. Fiscal year ends June 30. SEC CIK 1790177.
RFM board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| No Form 3/4/5 filings by this group in the last 12 months. | ||
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| No Form 3/4/5 filings by this group in the last 12 months. | ||
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Nov 26, 2025 | Financial Holdings, Llc Rivernorth | Buy | 175 | $14.07 |
| Nov 26, 2025 | Financial Holdings, Llc Rivernorth | Buy | 175 | $14.07 |
| Nov 26, 2025 | Financial Holdings, Llc Rivernorth | Buy | 175 | $14.07 |
| Nov 26, 2025 | Financial Holdings, Llc Rivernorth | Buy | 175 | $14.07 |
| Nov 25, 2025 | Financial Holdings, Llc Rivernorth | Buy | 2,700 | $14.05 |
| Nov 25, 2025 | Financial Holdings, Llc Rivernorth | Buy | 2,700 | $14.05 |
| Nov 25, 2025 | Financial Holdings, Llc Rivernorth | Buy | 2,700 | $14.05 |
| Nov 25, 2025 | Financial Holdings, Llc Rivernorth | Buy | 2,700 | $14.05 |
| Nov 24, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,905 | $14.06 |
| Nov 24, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,905 | $14.06 |
| Nov 24, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,905 | $14.06 |
| Nov 24, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,905 | $14.06 |
| Nov 14, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,346 | $14.37 |
| Nov 14, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,346 | $14.37 |
| Nov 14, 2025 | Financial Holdings, Llc Rivernorth | Buy | 4,346 | $14.37 |
RFM financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| No annual XBRL figures available (foreign filers often report on Form 20-F). | ||||
Latest balance sheet: total assets $—, total liabilities $—, cash $—.
RFM earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| No 8-K earnings releases in recent filings. | ||
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 19, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.