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

Posted by Brenda Bartman on Jun 14th, 2026

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) saw a large 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 trading volume, of 12,687 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are short sold.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

FMUN traded down $0.11 during trading on Friday, reaching $50.22. 1,980 shares of the company’s stock 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 company’s fifty day simple moving average is $50.10 and its 200-day simple moving average is $50.31.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Stockholders of record on Thursday, May 28th were paid a dividend of $0.134 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

Institutional Investors Weigh In On Fidelity Systematic Municipal Bond Index ETF

Institutional investors have recently added to or reduced their stakes in the stock. Embree Financial Group purchased a new stake in Fidelity Systematic Municipal Bond Index ETF in the 4th quarter valued at about $559,000. Global Retirement Partners LLC purchased a new stake in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth about $2,189,000. Quantinno Capital Management LP purchased a new stake in Fidelity Systematic Municipal Bond Index ETF during the first quarter worth about $254,000. Financial Planning Fort Collins LLC purchased a new stake in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth about $1,733,000. Finally, Mars Jewett Financial Group Inc. acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth about $653,000.

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.