Short Interest in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Decreases By 26.3%

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 12,006 shares, a decline of 26.3% from the November 30th total of 16,288 shares. Based on an average daily trading volume, of 11,696 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,696 shares, the short-interest ratio is presently 1.0 days.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of NASDAQ:FMUB traded up $0.06 during midday trading on Wednesday, hitting $50.96. The company had a trading volume of 19,543 shares, compared to its average volume of 14,303. The business’s 50-day simple moving average is $51.12 and its 200-day simple moving average is $50.53. Fidelity Municipal Bond Opportunities ETF has a twelve month low of $47.81 and a twelve month high of $53.88.

Fidelity Municipal Bond Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.146 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, December 30th.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC boosted its position in shares of Fidelity Municipal Bond Opportunities ETF by 18.3% in the 3rd quarter. CWM LLC now owns 983,758 shares of the company’s stock worth $50,034,000 after buying an additional 152,100 shares in the last quarter. Advisory Services Network LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF during the third quarter worth about $1,118,000. Jane Street Group LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the second quarter valued at about $1,093,000. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 554.5% in the third quarter. JPMorgan Chase & Co. now owns 18,052 shares of the company’s stock valued at $918,000 after purchasing an additional 15,294 shares in the last quarter. Finally, Osaic Holdings Inc. purchased a new position in shares of Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth approximately $273,000.

About Fidelity Municipal Bond Opportunities ETF

The Fidelity Municipal Bond Opportunities ETF seeks to provide a high current yield exempt from federal income tax, with growth of capital as a secondary objective. The ETF normally invests at least 80% of its assets in municipal securities whose interest is exempt from federal income tax.