Short Interest in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Expands By 50.5%

Posted by Patrick Bannon on Sep 1st, 2026

First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Get Free Report) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 29,078 shares, a growth of 50.5% from the July 30th total of 19,325 shares. Based on an average trading volume of 63,586 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

First Trust Ultra Short Duration Municipal ETF Stock Down 0.1%

Shares of NYSEARCA FUMB traded down $0.03 during mid-day trading on Tuesday, reaching $20.03. 29,501 shares of the company’s stock traded hands, compared to its average volume of 80,789. First Trust Ultra Short Duration Municipal ETF has a 1-year low of $19.98 and a 1-year high of $20.72. The business has a 50-day simple moving average of $20.06 and a 200 day simple moving average of $20.07.

Hedge Funds Weigh In On First Trust Ultra Short Duration Municipal ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FUMB. Newbridge Financial Services Group Inc. bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the second quarter valued at approximately $29,000. Tucker Asset Management LLC bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $41,000. IMG Wealth Management Inc. lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 96.4% during the 1st quarter. IMG Wealth Management Inc. now owns 2,712 shares of the company’s stock worth $54,000 after purchasing an additional 1,331 shares in the last quarter. Advisory Services Network LLC purchased a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter worth about $77,000. Finally, CoreCap Advisors LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 30.6% in the 2nd quarter. CoreCap Advisors LLC now owns 7,894 shares of the company’s stock worth $158,000 after purchasing an additional 1,849 shares during the period.

First Trust Ultra Short Duration Municipal ETF Company Profile

(Get Free Report)

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation. FUMB was launched on Nov 1, 2018 and is managed by First Trust.