First Trust Managed Municipal ETF (NASDAQ:FMB) Short Interest Update

Posted by Linda Flegge on Aug 29th, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 58,696 shares, an increase of 249.5% from the July 30th total of 16,794 shares. Based on an average trading volume of 129,728 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

First Trust Managed Municipal ETF Price Performance

NASDAQ FMB opened at $50.04 on Friday. First Trust Managed Municipal ETF has a twelve month low of $49.62 and a twelve month high of $52.03. The company’s 50-day simple moving average is $50.77 and its 200 day simple moving average is $51.07.

First Trust Managed Municipal ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 21st will be issued a $0.158 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, August 21st. This is a boost from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16.

Hedge Funds Weigh In On First Trust Managed Municipal ETF

Several hedge funds and other institutional investors have recently modified their holdings of FMB. Continuum Advisory LLC bought a new stake in First Trust Managed Municipal ETF in the second quarter valued at $29,000. Frazier Financial Advisors LLC bought a new position in shares of First Trust Managed Municipal ETF during the first quarter valued at $31,000. PNC Financial Services Group Inc. bought a new position in shares of First Trust Managed Municipal ETF during the third quarter valued at $51,000. Ascentis Independent Advisors acquired a new stake in shares of First Trust Managed Municipal ETF in the 1st quarter valued at $53,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of First Trust Managed Municipal ETF in the 4th quarter valued at $54,000.

About First Trust Managed Municipal ETF

(Get Free Report)

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.