First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) Sees Significant Decline in Short Interest

Posted by Stanley Muller on Oct 1st, 2026

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,232 shares, a decrease of 41.9% from the August 31st total of 3,843 shares. Based on an average daily trading volume, of 5,571 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

First Trust Flexible Municipal High Income ETF Price Performance

Shares of NASDAQ MFLX traded up $0.11 during mid-day trading on Thursday, reaching $15.96. 147 shares of the company’s stock traded hands, compared to its average volume of 5,752. The stock has a market cap of $19.95 million, a P/E ratio of 15.64 and a beta of 0.38. The business has a 50-day simple moving average of $16.66 and a 200 day simple moving average of $17.00. First Trust Flexible Municipal High Income ETF has a 1-year low of $15.57 and a 1-year high of $17.95.

First Trust Flexible Municipal High Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a $0.0620 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.74 annualized dividend and a yield of 4.7%. First Trust Flexible Municipal High Income ETF’s dividend payout ratio (DPR) is presently 69.61%.

Institutional Trading of First Trust Flexible Municipal High Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its stake in shares of First Trust Flexible Municipal High Income ETF by 19.1% in the second quarter. Envestnet Asset Management Inc. now owns 56,673 shares of the technology company’s stock worth $984,000 after purchasing an additional 9,099 shares during the last quarter. Hedeker Wealth LLC grew its holdings in First Trust Flexible Municipal High Income ETF by 6.6% during the second quarter. Hedeker Wealth LLC now owns 25,202 shares of the technology company’s stock worth $438,000 after buying an additional 1,554 shares in the last quarter. Cetera Investment Advisers raised its position in First Trust Flexible Municipal High Income ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 41,729 shares of the technology company’s stock valued at $700,000 after buying an additional 1,164 shares during the last quarter. Independent Financial Group LLC purchased a new stake in First Trust Flexible Municipal High Income ETF in the 1st quarter valued at $302,000. Finally, BDFS Capital LLC bought a new position in First Trust Flexible Municipal High Income ETF during the 4th quarter valued at $298,000. 31.03% of the stock is owned by institutional investors.

First Trust Flexible Municipal High Income ETF Company Profile

(Get Free Report)

Multi-Fineline Electronix, Inc is engaged in the engineering, design and manufacture of flexible circuit boards along with related component assemblies. The Company provides flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company provides its solutions to original equipment manufacturers (OEMs) and to electronic manufacturing services (EMS) providers. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.