Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Sees Large Decrease in Short Interest

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 3,745 shares, a decrease of 68.8% from the December 15th total of 12,006 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 18,118 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 18,118 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new stake in Fidelity Municipal Bond Opportunities ETF in the second quarter worth $137,000. Osaic Holdings Inc. bought a new position in shares of Fidelity Municipal Bond Opportunities ETF in the second quarter worth about $273,000. Hicks Capital Management LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF in the 3rd quarter worth about $516,000. Avidian Wealth Enterprises LLC bought a new stake in Fidelity Municipal Bond Opportunities ETF during the 3rd quarter valued at about $610,000. Finally, Landmark Wealth Management LLC lifted its holdings in Fidelity Municipal Bond Opportunities ETF by 32.5% during the 3rd quarter. Landmark Wealth Management LLC now owns 12,097 shares of the company’s stock valued at $615,000 after buying an additional 2,966 shares in the last quarter.

Fidelity Municipal Bond Opportunities ETF Stock Up 0.1%

NASDAQ FMUB traded up $0.04 during trading on Wednesday, hitting $51.30. The stock had a trading volume of 6,530 shares, compared to its average volume of 20,869. Fidelity Municipal Bond Opportunities ETF has a one year low of $47.81 and a one year high of $53.88. The stock has a 50 day simple moving average of $51.10 and a 200 day simple moving average of $50.63.

Fidelity Municipal Bond Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 2nd. Investors of record on Tuesday, December 30th were paid a dividend of $0.146 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.