First Trust Municipal High Income ETF (NASDAQ:FMHI) Short Interest Update

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 42,571 shares, a decline of 69.2% from the July 15th total of 138,409 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 100,975 shares, the short-interest ratio is presently 0.4 days.

First Trust Municipal High Income ETF Trading Down 0.3%

NASDAQ FMHI traded down $0.14 during trading hours on Friday, reaching $47.84. 59,455 shares of the company traded hands, compared to its average volume of 110,642. First Trust Municipal High Income ETF has a 12 month low of $45.94 and a 12 month high of $48.73. The company has a 50 day moving average of $48.16 and a two-hundred day moving average of $48.10.

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First Trust Municipal High Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.177 dividend. The ex-dividend date was Tuesday, July 21st.

Institutional Trading of First Trust Municipal High Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Glen Eagle Advisors LLC bought a new position in First Trust Municipal High Income ETF during the 1st quarter worth approximately $91,000. Camelot Portfolios LLC acquired a new position in shares of First Trust Municipal High Income ETF in the 4th quarter worth approximately $96,000. Parallel Advisors LLC bought a new stake in shares of First Trust Municipal High Income ETF in the 1st quarter valued at approximately $161,000. Western Wealth Management LLC bought a new stake in shares of First Trust Municipal High Income ETF in the 1st quarter valued at approximately $162,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of First Trust Municipal High Income ETF during the 2nd quarter valued at approximately $235,000.

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.

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