Short Interest in Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Grows By 957.6%

Posted by Dante Gardener on Aug 26th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,906 shares, a growth of 957.6% from the July 30th total of 653 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 12,803 shares, the short-interest ratio is presently 0.5 days.

Fidelity Systematic Municipal Bond Index ETF Trading Up 0.1%

Shares of NASDAQ:FMUN traded up $0.03 during midday trading on Wednesday, hitting $49.55. 1,261 shares of the stock were exchanged, compared to its average volume of 12,071. Fidelity Systematic Municipal Bond Index ETF has a twelve month low of $48.55 and a twelve month high of $51.25. The company has a 50 day moving average price of $50.00 and a 200-day moving average price of $50.18.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 3rd. Investors of record on Thursday, July 30th were paid a dividend of $0.136 per share. The ex-dividend date of this dividend was Thursday, July 30th.

Institutional Investors Weigh In On Fidelity Systematic Municipal Bond Index ETF

Several hedge funds have recently made changes to their positions in FMUN. Advisory Services Network LLC purchased a new stake in Fidelity Systematic Municipal Bond Index ETF in the 3rd quarter valued at about $29,000. Kestra Advisory Services LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth about $169,000. Quantinno Capital Management LP acquired a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the first quarter worth approximately $254,000. Sigma Planning Corp purchased a new stake in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter valued at approximately $346,000. Finally, Nwam LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the second quarter worth approximately $350,000.

About Fidelity Systematic Municipal Bond Index ETF

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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.