First Trust Municipal High Income ETF (NASDAQ:FMHI) Stock Short Interest Jumps 609.8%

Posted by Brenda Bartman on Oct 10th, 2026

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 251,367 shares, an increase of 609.8% from the September 15th total of 35,413 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 265,473 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On First Trust Municipal High Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of FMHI. Bank of America Corp DE grew its position in shares of First Trust Municipal High Income ETF by 23.7% during the 1st quarter. Bank of America Corp DE now owns 798,920 shares of the company’s stock valued at $37,981,000 after purchasing an additional 153,170 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Municipal High Income ETF by 29.2% in the first quarter. Cetera Investment Advisers now owns 359,142 shares of the company’s stock worth $17,074,000 after buying an additional 81,197 shares in the last quarter. Meeder Advisory Services Inc. boosted its stake in First Trust Municipal High Income ETF by 11.0% during the first quarter. Meeder Advisory Services Inc. now owns 542,231 shares of the company’s stock valued at $25,778,000 after buying an additional 53,886 shares during the period. Capital Financial Group Inc. Co. ADV purchased a new position in First Trust Municipal High Income ETF during the fourth quarter worth about $1,892,000. Finally, Spartan Wealth Advisory Services LLC bought a new position in First Trust Municipal High Income ETF in the 1st quarter worth about $1,605,000.

First Trust Municipal High Income ETF Stock Up 0.4%

First Trust Municipal High Income ETF stock opened at $44.77 on Friday. First Trust Municipal High Income ETF has a one year low of $44.34 and a one year high of $48.73. The business has a fifty day moving average price of $46.55 and a 200-day moving average price of $47.55.

First Trust Municipal High Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.1790 per share. This represents a $2.15 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a boost from First Trust Municipal High Income ETF’s previous monthly dividend of $0.1780.

First Trust Municipal High Income ETF Company Profile

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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.