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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Trust Municipal High Income ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Trust Municipal High Income ETF saw a increase in short interest in August. As of August 31st, there was short interest totaling 10,800 shares, an increase of 535.3% from the August 15th total of 1,700 shares. Based on an average trading volume of 38,100 shares, the days-to-cover ratio is presently 0.3 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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FMHI stock has increased by 6.9% and is now trading at $56.41.
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First Trust Municipal High Income ETF announced a monthly dividend on Monday, August 23rd. Stockholders of record on Wednesday, August 25th will be given a dividend of $0.13 per share on Tuesday, August 31st. This represents a $1.56 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Tuesday, August 24th.
View First Trust Municipal High Income ETF's dividend history.

First Trust Municipal High Income ETF pays an annual dividend of $1.65 per share and currently has a dividend yield of 2.92%.
View First Trust Municipal High Income ETF's dividend history.

Some companies that are related to First Trust Municipal High Income ETF include Invesco NASDAQ Next Gen 100 ETF (QQQJ), VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC), Strategy Shares Nasdaq 7 Handl Index ETF (HNDL), First Trust IndXX NextG ETF (NXTG), First Trust Nasdaq Transportation ETF (FTXR), VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO), Invesco NASDAQ Internet ETF (PNQI), First Trust Large Cap Value AlphaDEX Fund (FTA), Murray Income Trust (MUT), First Trust Mid Cap Core AlphaDEX Fund (FNX), iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB), WisdomTree China ex-State-Owned Enterprises Fund (CXSE), First Trust Small Cap Core AlphaDEX Fund (FYX), Global X Cybersecurity ETF (BUG) and iShares MSCI Emerging Markets Asia ETF (EEMA).
View all of FMHI's competitors.

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 many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.60%), Morgan Stanley (9.60%), LPL Financial LLC (6.75%), Bank of America Corp DE (4.80%), G&S Capital LLC (2.44%) and Citigroup Inc. (1.70%).

FMHI stock was sold by a variety of institutional investors in the last quarter, including G&S Capital LLC, Redhawk Wealth Advisors Inc., Steward Partners Investment Advisory LLC, Envestnet Asset Management Inc., Financial Advocates Investment Management, Credit Suisse AG, Stratos Wealth Advisors LLC, and Patriot Financial Group Insurance Agency LLC.

FMHI stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Citigroup Inc., RFG Advisory LLC, Citadel Advisors LLC, LPL Financial LLC, Avestar Capital LLC, and Arkadios Wealth Advisors.

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 $56.41.

First Trust Municipal High Income ETF has a market capitalization of $304.61 million.

First Trust Municipal High Income ETF employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.