Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Sees Large Growth in Short Interest

Posted by Max Byerly on Jun 14th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 8,846 shares, a growth of 89.2% from the May 14th total of 4,676 shares. Based on an average daily volume of 12,687 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Fidelity Systematic Municipal Bond Index ETF in the second quarter worth $6,639,000. Global Retirement Partners LLC purchased a new position in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter worth $2,189,000. Financial Planning Fort Collins LLC purchased a new position in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter worth $1,733,000. Mars Jewett Financial Group Inc. purchased a new position in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter worth $653,000. Finally, Embree Financial Group purchased a new position in Fidelity Systematic Municipal Bond Index ETF in the fourth quarter worth $559,000.

Fidelity Systematic Municipal Bond Index ETF Price Performance

Shares of Fidelity Systematic Municipal Bond Index ETF stock traded down $0.11 during trading hours on Friday, hitting $50.22. 1,980 shares of the company were exchanged, compared to its average volume of 12,815. Fidelity Systematic Municipal Bond Index ETF has a 1 year low of $48.26 and a 1 year high of $51.25. The business has a 50-day moving average of $50.10 and a 200-day moving average of $50.31.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Shareholders of record on Thursday, May 28th were given a $0.134 dividend. The ex-dividend date was Thursday, May 28th. This represents a c) annualized dividend and a yield of 3.2%.

About Fidelity Systematic Municipal Bond Index ETF

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The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.