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

Posted by Micah Haroldson on Aug 26th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) was the target of a large growth in short interest in 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 short sold. Based on an average daily volume of 12,803 shares, the short-interest ratio is currently 0.5 days.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

Shares of NASDAQ:FMUN traded up $0.03 on Tuesday, hitting $49.55. The company’s stock had a trading volume of 12,859 shares, compared to its average volume of 12,138. The company has a 50-day simple moving average of $50.01 and a 200 day simple moving average of $50.19. Fidelity Systematic Municipal Bond Index ETF has a 1 year low of $48.55 and a 1 year high of $51.25.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 3rd. Stockholders of record on Thursday, July 30th were issued a $0.136 dividend. The ex-dividend date was Thursday, July 30th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FMUN. Jane Street Group LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the second quarter valued at about $6,639,000. Advisory Services Network LLC purchased a new stake in Fidelity Systematic Municipal Bond Index ETF in the third quarter worth about $29,000. Sigma Planning Corp purchased a new stake in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter worth about $346,000. Global Retirement Partners LLC bought a new stake in Fidelity Systematic Municipal Bond Index ETF during the 4th quarter valued at approximately $2,189,000. Finally, Kestra Advisory Services LLC bought a new stake in Fidelity Systematic Municipal Bond Index ETF during the 4th quarter valued at approximately $169,000.

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.