First Trust Municipal High Income ETF Stock Forecast, Price & News

Wall Street analysts have given First Trust Municipal High Income ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Municipal High Income ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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First Trust Municipal High Income ETF saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 12,500 shares, a decline of 35.2% from the March 15th total of 19,300 shares. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is currently 0.4 days.
View First Trust Municipal High Income ETF's Short Interest.

First Trust Municipal High Income ETF's stock was trading at $52.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FMHI shares have increased by 4.7% and is now trading at $55.25.
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First Trust Municipal High Income ETF announced a monthly dividend on Wednesday, January 20th. Shareholders of record on Friday, January 22nd will be given a dividend of $0.14 per share on Friday, January 29th. This represents a $1.68 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Thursday, January 21st.
View First Trust Municipal High Income ETF's dividend history.

First Trust Municipal High Income ETF pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.05%.
View First Trust Municipal High Income ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Municipal High Income ETF investors own include Berkshire Hathaway (BRK.B), BT Group (BT), Boardwalk REIT (BEI.UN), The Boeing (BA), Barnes Group (B), Arrow Global Group (ARWGF), AO World (AOWDF), Abercrombie & Fitch (ANF), Align Technology (ALGN) and Adobe (ADBE).

First Trust Municipal High Income ETF trades on the NASDAQ under the ticker symbol "FMHI."

First Trust Municipal High Income ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include G&S Capital LLC (4.00%), Private Advisory Group LLC (1.37%), RFG Holdings Inc. (1.35%), Teamwork Financial Advisors LLC (0.63%), Walkner Condon Financial Advisors LLC (0.53%) and Echo Wealth Management LLC (0.31%).

FMHI stock was sold by a variety of institutional investors in the last quarter, including RFG Holdings Inc., G&S Capital LLC, and Teamwork Financial Advisors LLC.

FMHI stock was purchased by a variety of institutional investors in the last quarter, including Private Advisory Group LLC, Echo Wealth Management LLC, Walkner Condon Financial Advisors LLC, and Genesee Capital Advisors LLC.

Shares of FMHI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FMHI stock can currently be purchased for approximately $55.25.

First Trust Municipal High Income ETF has a market capitalization of $190.61 million.