First Trust Managed Municipal ETF (NASDAQ:FMB) Short Interest Up 249.5% in August

Posted by Stacy Sanders on Aug 27th, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 58,696 shares, a growth of 249.5% from the July 30th total of 16,794 shares. Based on an average daily volume of 129,728 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Managed Municipal ETF Price Performance

NASDAQ FMB opened at $50.16 on Thursday. The stock’s fifty day moving average price is $50.82 and its 200 day moving average price is $51.09. First Trust Managed Municipal ETF has a 1 year low of $49.62 and a 1 year high of $52.03.

First Trust Managed Municipal ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 21st will be paid a $0.158 dividend. The ex-dividend date is Friday, August 21st. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Investors Weigh In On First Trust Managed Municipal ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FMB. Continuum Advisory LLC acquired a new stake in First Trust Managed Municipal ETF during the second quarter valued at $29,000. Frazier Financial Advisors LLC purchased a new stake in First Trust Managed Municipal ETF during the 1st quarter worth approximately $31,000. PNC Financial Services Group Inc. purchased a new stake in shares of First Trust Managed Municipal ETF during the third quarter worth approximately $51,000. Ascentis Independent Advisors purchased a new stake in shares of First Trust Managed Municipal ETF during the first quarter worth $53,000. Finally, Tucker Asset Management LLC purchased a new stake in First Trust Managed Municipal ETF during the 4th quarter valued at about $54,000.

First Trust Managed Municipal ETF Company Profile

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The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.