Short Interest in First Trust Municipal High Income ETF (NASDAQ:FMHI) Expands By 213.8%

Posted by Geri Gentry on Sep 12th, 2026

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 79,811 shares, an increase of 213.8% from the August 15th total of 25,433 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 202,171 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On First Trust Municipal High Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FMHI. Dynamic Advisor Solutions LLC lifted its holdings in First Trust Municipal High Income ETF by 3.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 8,335 shares of the company’s stock valued at $404,000 after purchasing an additional 252 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of First Trust Municipal High Income ETF by 1.6% in the first quarter. Nations Financial Group Inc. IA ADV now owns 19,160 shares of the company’s stock worth $911,000 after purchasing an additional 300 shares in the last quarter. Altus Wealth Group LLC increased its stake in shares of First Trust Municipal High Income ETF by 4.5% in the fourth quarter. Altus Wealth Group LLC now owns 7,484 shares of the company’s stock worth $359,000 after purchasing an additional 320 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of First Trust Municipal High Income ETF by 4.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 8,184 shares of the company’s stock valued at $382,000 after purchasing an additional 365 shares during the period. Finally, GSG Advisors LLC raised its position in shares of First Trust Municipal High Income ETF by 1.6% during the 1st quarter. GSG Advisors LLC now owns 27,588 shares of the company’s stock valued at $1,312,000 after purchasing an additional 425 shares during the period.

First Trust Municipal High Income ETF Stock Up 0.4%

Shares of NASDAQ FMHI traded up $0.19 during trading on Friday, hitting $46.35. The company had a trading volume of 170,160 shares, compared to its average volume of 116,829. The stock has a 50 day simple moving average of $47.63 and a 200 day simple moving average of $47.95. First Trust Municipal High Income ETF has a 12 month low of $46.03 and a 12 month high of $48.73.

First Trust Municipal High Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were issued a $0.178 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) annualized dividend and a yield of 4.6%. This is a positive change from First Trust Municipal High Income ETF’s previous monthly dividend of $0.18.

About First Trust Municipal High Income ETF

(Get Free Report)

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.