Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Sees Significant Growth in Short Interest

Posted by Paula Ricardo on Jun 16th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 8,846 shares, an increase of 89.2% from the May 14th total of 4,676 shares. Based on an average daily volume of 12,687 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

Fidelity Systematic Municipal Bond Index ETF Stock Down 0.2%

NASDAQ:FMUN traded down $0.11 during trading hours on Tuesday, hitting $50.24. The stock had a trading volume of 5,176 shares, compared to its average volume of 12,725. The company has a 50 day simple moving average of $50.11 and a two-hundred day simple moving average of $50.31. Fidelity Systematic Municipal Bond Index ETF has a one year low of $48.26 and a one year high of $51.25.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 1st. Shareholders of record on Thursday, May 28th were issued a $0.134 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, May 28th.

Institutional Trading of Fidelity Systematic Municipal Bond Index ETF

A number of hedge funds have recently made changes to their positions in FMUN. Jane Street Group LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 2nd quarter worth $6,639,000. Global Retirement Partners LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth $2,189,000. Financial Planning Fort Collins LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth $1,733,000. Mars Jewett Financial Group Inc. bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth $653,000. Finally, Embree Financial Group bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth $559,000.

Fidelity Systematic Municipal Bond Index ETF Company Profile

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The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.