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

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 1,916 shares, an increase of 795.3% from the January 15th total of 214 shares. Based on an average daily volume of 13,164 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 13,164 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Shares of FMUB traded up $0.05 during mid-day trading on Tuesday, hitting $51.33. The company’s stock had a trading volume of 17,978 shares, compared to its average volume of 24,725. Fidelity Municipal Bond Opportunities ETF has a fifty-two week low of $47.81 and a fifty-two week high of $53.88. The firm has a 50-day moving average price of $51.11 and a 200 day moving average price of $50.85.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th were issued a dividend of $0.139 per share. The ex-dividend date was Thursday, January 29th. This is an increase from Fidelity Municipal Bond Opportunities ETF’s previous dividend of $0.10.

Institutional Trading of Fidelity Municipal Bond Opportunities ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hicks Capital Management LLC raised its position in Fidelity Municipal Bond Opportunities ETF by 2.6% in the 4th quarter. Hicks Capital Management LLC now owns 10,401 shares of the company’s stock worth $530,000 after purchasing an additional 265 shares during the last quarter. Landmark Wealth Management LLC increased its holdings in Fidelity Municipal Bond Opportunities ETF by 4.9% in the fourth quarter. Landmark Wealth Management LLC now owns 12,693 shares of the company’s stock valued at $647,000 after purchasing an additional 596 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 4th quarter valued at approximately $57,000. JPMorgan Chase & Co. acquired a new stake in Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth $137,000. Finally, Sigma Planning Corp acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth about $274,000.

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.