Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Short Interest Update

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 3,745 shares, a drop of 68.8% from the December 15th total of 12,006 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 18,118 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 18,118 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC grew its position in shares of Fidelity Municipal Bond Opportunities ETF by 18.3% during the third 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. Accredited Wealth Management LLC bought a new position in Fidelity Municipal Bond Opportunities ETF during the 3rd quarter valued at $6,550,000. Commonwealth Equity Services LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF during the 3rd quarter worth $5,921,000. Jane Street Group LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth about $1,093,000. Finally, Advisory Services Network LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter worth about $1,118,000.

Fidelity Municipal Bond Opportunities ETF Stock Performance

FMUB stock traded up $0.05 during trading on Tuesday, reaching $51.26. The stock had a trading volume of 13,675 shares, compared to its average volume of 21,723. The firm has a fifty day moving average price of $51.10 and a 200 day moving average price of $50.62. Fidelity Municipal Bond Opportunities ETF has a 1-year low of $47.81 and a 1-year high of $53.88.

Fidelity Municipal Bond Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.146 per share. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Tuesday, December 30th.

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.