Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Short Interest Down 68.8% in December

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

Fidelity Municipal Bond Opportunities ETF Stock Performance

Shares of Fidelity Municipal Bond Opportunities ETF stock traded up $0.02 during trading on Thursday, reaching $51.28. The company’s stock had a trading volume of 15,055 shares, compared to its average volume of 42,406. The company has a 50-day moving average price of $51.11 and a two-hundred day moving average price of $50.64. 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 Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were paid a $0.146 dividend. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Several hedge funds have recently modified their holdings of FMUB. JPMorgan Chase & Co. purchased a new position in Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth $137,000. Osaic Holdings Inc. acquired a new stake in Fidelity Municipal Bond Opportunities ETF in the second quarter valued at about $273,000. Hicks Capital Management LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF during the 3rd quarter worth approximately $516,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at approximately $610,000. Finally, Landmark Wealth Management LLC boosted its position in shares of 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 worth $615,000 after purchasing an additional 2,966 shares in the last quarter.

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.