Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Short Interest Down 94.3% in January

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

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

Several hedge funds have recently modified their holdings of FMUB. Flagship Harbor Advisors LLC bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth $57,000. JPMorgan Chase & Co. bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the 2nd quarter valued at about $137,000. Osaic Holdings Inc. purchased a new position in shares of Fidelity Municipal Bond Opportunities ETF during the second quarter valued at about $273,000. Fifth Third Securities Inc. purchased a new position in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter valued at about $379,000. Finally, Hicks Capital Management LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the third quarter worth about $516,000.

Fidelity Municipal Bond Opportunities ETF Price Performance

NASDAQ:FMUB traded up $0.01 on Wednesday, reaching $51.18. 4,254 shares of the company’s stock traded hands, compared to its average volume of 29,497. The stock has a 50-day simple moving average of $51.10 and a 200-day simple moving average of $50.73. Fidelity Municipal Bond Opportunities ETF has a 12 month low of $47.81 and a 12 month high of $53.88.

Fidelity Municipal Bond Opportunities ETF Announces Dividend

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

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.