Short Interest in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Increases By 795.3%

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,916 shares, an increase of 795.3% from the January 15th total of 214 shares. Based on an average daily trading volume, of 13,164 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 13,164 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Large investors have recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth approximately $57,000. JPMorgan Chase & Co. purchased a new stake in Fidelity Municipal Bond Opportunities ETF during the second quarter worth $137,000. Osaic Holdings Inc. purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth about $273,000. Sigma Planning Corp acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the fourth quarter valued at approximately $274,000. Finally, Sequoia Financial Advisors LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth $316,000.

Fidelity Municipal Bond Opportunities ETF Trading Up 0.1%

Shares of Fidelity Municipal Bond Opportunities ETF stock traded up $0.05 during trading on Tuesday, hitting $51.33. 17,978 shares of the company’s stock were exchanged, compared to its average volume of 24,725. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $47.81 and a 52-week high of $53.88. The business has a 50-day simple moving average of $51.11 and a 200-day simple moving average of $50.85.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were given a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, January 29th. This is an increase from Fidelity Municipal Bond Opportunities ETF’s previous dividend of $0.10.

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.