First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Short Interest Up 8,586.3% in March

Posted by Amy Steele on Mar 24th, 2026

First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Get Free Report) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 146,451 shares, an increase of 8,586.3% from the February 26th total of 1,686 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 130,192 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 130,192 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.2% of the shares of the company are sold short.

First Trust Ultra Short Duration Municipal ETF Stock Performance

FUMB stock remained flat at $20.11 during trading on Tuesday. The company’s stock had a trading volume of 102,882 shares, compared to its average volume of 92,794. The firm’s 50 day moving average is $20.11 and its 200 day moving average is $20.10. First Trust Ultra Short Duration Municipal ETF has a 52 week low of $19.91 and a 52 week high of $20.72.

First Trust Ultra Short Duration Municipal ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.046 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 2.7%.

Hedge Funds Weigh In On First Trust Ultra Short Duration Municipal ETF

Several institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in First Trust Ultra Short Duration Municipal ETF by 12.9% in the 2nd quarter. Cetera Investment Advisers now owns 72,008 shares of the company’s stock worth $1,447,000 after purchasing an additional 8,217 shares during the period. J.W. Cole Advisors Inc. grew its holdings in First Trust Ultra Short Duration Municipal ETF by 4.5% during the second quarter. J.W. Cole Advisors Inc. now owns 149,331 shares of the company’s stock valued at $3,002,000 after purchasing an additional 6,429 shares during the period. XML Financial LLC grew its holdings in First Trust Ultra Short Duration Municipal ETF by 5.3% during the third quarter. XML Financial LLC now owns 507,182 shares of the company’s stock valued at $10,194,000 after purchasing an additional 25,633 shares during the period. Uniting Wealth Partners LLC purchased a new stake in First Trust Ultra Short Duration Municipal ETF in the third quarter worth about $833,000. Finally, Thrivent Financial for Lutherans purchased a new stake in First Trust Ultra Short Duration Municipal ETF in the third quarter worth about $1,559,000.

About First Trust Ultra Short Duration Municipal ETF

(Get Free Report)

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation. FUMB was launched on Nov 1, 2018 and is managed by First Trust.