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

Posted by Francis Steltz on Jul 28th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,624 shares, a decline of 49.5% from the June 30th total of 13,128 shares. Based on an average daily volume of 8,320 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold.

Fidelity Systematic Municipal Bond Index ETF Trading Up 0.1%

Fidelity Systematic Municipal Bond Index ETF stock traded up $0.06 during mid-day trading on Tuesday, hitting $49.81. 158 shares of the company’s stock were exchanged, compared to its average volume of 11,919. Fidelity Systematic Municipal Bond Index ETF has a 1-year low of $48.26 and a 1-year high of $51.25. The stock has a 50 day moving average of $50.20 and a two-hundred day moving average of $50.31.

Fidelity Systematic Municipal Bond Index ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 29th were issued a $0.142 dividend. This is an increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, June 29th. This represents a c) annualized dividend and a yield of 3.4%.

Hedge Funds Weigh In On Fidelity Systematic Municipal Bond Index ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FMUN. Advisory Services Network LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter worth $29,000. IFP Advisors Inc raised its holdings in Fidelity Systematic Municipal Bond Index ETF by 50.9% in the 3rd quarter. IFP Advisors Inc now owns 1,569 shares of the company’s stock worth $78,000 after acquiring an additional 529 shares during the period. Kestra Advisory Services LLC bought a new position in Fidelity Systematic Municipal Bond Index ETF in the 4th quarter worth $169,000. Quantinno Capital Management LP acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 1st quarter worth $254,000. Finally, Global Wealth Management LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth $293,000.

Fidelity Systematic Municipal Bond Index ETF Company Profile

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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.