Short Interest in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Drops By 94.3%

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 214 shares, a decrease of 94.3% from the December 31st total of 3,745 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 96,005 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 96,005 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

A number of institutional investors have recently modified their holdings of FMUB. Flagship Harbor Advisors LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 4th quarter valued at about $57,000. JPMorgan Chase & Co. bought a new stake in Fidelity Municipal Bond Opportunities ETF in the second quarter worth approximately $137,000. Osaic Holdings Inc. acquired a new position in Fidelity Municipal Bond Opportunities ETF in the second quarter valued at approximately $273,000. Fifth Third Securities Inc. bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the 4th quarter worth approximately $379,000. Finally, Hicks Capital Management LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the 3rd quarter worth approximately $516,000.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Fidelity Municipal Bond Opportunities ETF stock traded down $0.10 during mid-day trading on Thursday, reaching $51.07. The company had a trading volume of 20,613 shares, compared to its average volume of 29,048. The business has a fifty day simple moving average of $51.10 and a 200 day simple moving average of $50.73. Fidelity Municipal Bond Opportunities ETF has a fifty-two week low of $47.81 and a fifty-two week high of $53.88.

Fidelity Municipal Bond Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were given 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 was Tuesday, December 30th.

Fidelity Municipal Bond Opportunities ETF Company Profile

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.