First Trust Managed Municipal ETF (FMB) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Managed Municipal ETF shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 7,200 shares of FMB short. Learn More on First Trust Managed Municipal ETF's current short interest.

First Trust Managed Municipal ETF saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 7,200 shares, a drop of 93.2% from the previous total of 105,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust Managed Municipal ETF: First Trust Municipal High Income ETF (0.07%), First Trust California Municipal High Income ETF (1.05%), and BlackRock Short-Term California Muni Bond ETF (0.76%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling FMB is an investing strategy that aims to generate trading profit from First Trust Managed Municipal ETF as its price is falling. FMB shares are trading down $0.12 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust Managed Municipal ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FMB, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FMB, twice per month. The most recent reporting period available is April, 30 2024.