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First Trust Municipal High Income ETF (FMHI) Short Interest Ratio & Short Volume

First Trust Municipal High Income ETF logo
$48.62 +0.10 (+0.21%)
As of 12:51 PM Eastern

First Trust Municipal High Income ETF Short Interest Overview

As of June 15, 2026, First Trust Municipal High Income ETF (FMHI) had a short interest of 137,095 shares sold short, representing 0.69% of the public float. This marks a 982.81% increase in short interest since the prior report. The short interest ratio (days to cover) is 1.4, meaning it would take 1.4 days of the average trading volume of 112,433 shares to cover all short positions.

Current Short Interest
137,095 shares
Previous Short Interest
12,661 shares
Change Vs. Previous Month
982.81%
Dollar Volume Sold Short
$6.63 million
Short Interest Ratio
1.4 Days to Cover
Last Record Date
June 15, 2026
Outstanding Shares
20,500,000 shares
Short Percent of Float
0.69%
Today's Trading Volume
20,037 shares
Average Trading Volume
112,433 shares
Today's Volume Vs. Average
18%
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FMHI Short Interest Over Time

FMHI Days to Cover Over Time

FMHI Percentage of Float Shorted Over Time

First Trust Municipal High Income ETF Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/15/2026137,095 shares $6.63 million +982.8%0.7%1.44 $48.34
5/29/202612,661 shares $609.50 thousand -48.9%0.1%0.12 $48.14
5/15/202624,787 shares $1.18 million +125.1%0.1%0.25 $47.80
4/30/202611,012 shares $528.69 thousand -35.7%0.1%0.16 $48.01
4/15/202617,121 shares $823.35 thousand -70.1%0.1%0.11 $48.09
3/31/202657,201 shares $2.72 million -42.1%0.3%0.43 $47.54
3/13/202698,750 shares $4.75 million +106.8%0.5%0.83 $48.08
2/27/202647,760 shares $2.32 million -43.1%0.3%0.51 $48.59
2/13/202683,882 shares $4.07 million -8.9%0.4%0.55 $48.47
1/30/202692,077 shares $4.42 million +119.8%0.5%0.71 $48.03
1/15/202641,889 shares $2.02 million +50.6%0.2%0.38 $48.20
12/31/202527,809 shares $1.33 million +2.7%0.2%0.27 $47.93
12/15/202527,088 shares $1.29 million +178.7%0.2%0.28 $47.72
11/28/20259,721 shares $466.41 thousand -84.2%0.1%0.13 $47.98
11/14/202561,365 shares $2.94 million +96.7%0.3%0.82 $47.94
10/31/202531,199 shares $1.50 million -31.1%0.2%0.45 $48.06
10/15/202545,300 shares $2.17 million -41.8%0.3%0.5 $47.97
9/30/202577,800 shares $3.70 million -12.9%N/A0.8 $47.51
9/15/202589,300 shares $4.25 million +1,106.8%N/A1 $47.63
8/31/20257,400 shares $342.03 thousand -71.3%0.0%0.1 $46.22
8/15/202525,800 shares $1.19 million +263.4%N/A0.3 $46.26
7/31/20257,100 shares $327.03 thousand -50.7%0.0%0.1 $46.06
7/15/202514,400 shares $668.25 thousand +82.3%N/A0.1 $46.41
6/30/20257,900 shares $368.93 thousand -31.3%0.0%0.1 $46.70
6/15/202511,500 shares $536.13 thousand -42.8%0.1%0.1 $46.62
5/31/202520,100 shares $935.25 thousand -57.1%0.1%0.2 $46.53
5/15/202546,900 shares $2.20 million +91.4%0.3%0.4 $46.99
4/30/202524,500 shares $1.15 million -0.4%N/A0.2 $46.92
4/15/202524,600 shares $1.14 million -71.2%0.2%0.2 $46.46
3/31/202585,300 shares $4.08 million +858.4%0.5%0.9 $47.81
3/15/20258,900 shares $428.80 thousand -38.6%0.1%0.1 $48.18
2/28/202514,500 shares $707.60 thousand -54.6%0.1%0.2 $48.80
2/15/202531,900 shares $1.55 million -54.0%0.2%0.4 $48.49
1/31/202569,300 shares $3.36 million +381.3%N/A0.7 $48.49
1/15/202514,400 shares $693.07 thousand -39.8%N/A0.2 $48.13
12/31/202423,900 shares $1.15 million -68.1%N/A0.3 $48.29
12/15/202474,900 shares $3.65 million +353.9%N/A0.8 $48.72
11/30/202416,500 shares $811.47 thousand -57.0%N/A0.2 $49.18
11/15/202438,400 shares $1.87 million -31.2%N/A0.4 $48.74
10/31/202455,800 shares $2.71 million +27.4%N/A0.7 $48.60
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10/15/202443,800 shares $2.16 million +61.6%N/A0.6 $49.21
9/30/202427,100 shares $1.34 million -10.6%N/A0.4 $49.40
9/15/202430,300 shares $1.49 million -16.3%N/A0.4 $49.32
8/31/202436,200 shares $1.77 million -58.4%N/A0.6 $48.90
8/15/202487,000 shares $4.27 million +125.4%N/A1.4 $49.06
7/31/202438,600 shares $1.88 million +739.1%N/A0.7 $48.82
7/15/20244,600 shares $223.97 thousand -77.8%N/A0.1 $48.69
6/30/202420,700 shares $1.00 million No ChangeN/A0.4 $48.32
6/15/202420,700 shares $1.01 million -4.6%N/A0.3 $48.61
5/31/202421,700 shares $1.03 million -62.1%N/A0.3 $47.65
5/15/202457,200 shares $2.76 million +550.0%N/A0.9 $48.19
4/30/20248,800 shares $417.38 thousand -76.7%N/A0.1 $47.43
4/15/202437,800 shares $1.80 million +62.9%N/A0.5 $47.65
3/31/202423,200 shares $1.12 million -77.6%N/A0.3 $48.18
3/15/2024103,500 shares $4.99 million +79.7%N/A1.4 $48.23
2/29/202457,600 shares $2.76 million -14.7%N/A0.7 $47.99
2/15/202467,500 shares $3.23 million +34.2%N/A0.8 $47.85
1/31/202450,300 shares $2.41 million No ChangeN/A0.5 $47.94
11/30/202319,500 shares $904.61 thousand -3.5%N/A0.2 $46.39
11/15/202320,200 shares $916.07 thousand -78.3%N/A0.2 $45.35
10/31/202393,000 shares $4.10 million +227.5%N/A0.9 $44.07
10/15/202328,400 shares $1.29 million -45.2%N/A0.3 $45.25
9/30/202351,800 shares $2.33 million -65.6%N/A0.7 $45.07
9/15/2023150,400 shares $6.96 million -27.6%N/A2.6 $46.28
8/31/2023207,700 shares $9.65 million +198.4%N/A3.7 $46.45
8/15/202369,600 shares $3.26 million +89.1%N/A1.3 $46.88
7/31/202336,800 shares $1.73 million -45.5%N/A0.7 $47.00
7/15/202367,500 shares $3.18 million +368.8%N/A1.2 $47.17
6/30/202314,400 shares $678.24 thousand +188.0%N/A0.2 $47.10
6/15/20235,000 shares $234.60 thousand -32.4%N/A0.1 $46.92
5/31/20237,400 shares $345.43 thousand -90.0%N/A0.1 $46.68
5/15/202373,700 shares $3.46 million +62.0%N/A1 $46.91
4/30/202345,500 shares $2.13 million +645.9%N/A0.6 $46.91
4/15/20236,100 shares $288.65 thousand -87.2%N/A0.1 $47.32
3/31/202347,800 shares $2.24 million +785.2%N/A0.5 $46.89
3/15/20235,400 shares $251.80 thousand -90.9%N/A0.1 $46.63
2/28/202359,500 shares $2.76 million -36.7%N/A0.6 $46.46
2/15/202394,000 shares $4.45 million +224.1%N/A0.9 $47.34
1/31/202329,000 shares $1.38 million -73.2%N/A0.3 $47.74
1/15/2023108,100 shares $5.15 million -4.5%N/A1 $47.64
12/30/2022113,200 shares $5.24 million +820.3%N/A1.1 $46.29
12/15/202212,300 shares $579.86 thousand -74.1%N/A0.1 $47.14
11/30/202247,500 shares $2.21 million -81.7%N/A0.5 $46.61
11/15/2022259,100 shares $11.81 million +13.1%N/A3.2 $45.59
10/31/2022229,100 shares $10.20 million +229.2%N/A3.4 $44.51
10/15/202269,600 shares $3.18 million No ChangeN/A1.1 $45.64
9/30/20221,400 shares $63.56 thousand -83.3%N/A0 $45.40
9/15/20228,400 shares $394.55 thousand +12.0%N/A0.1 $46.97
8/31/20227,500 shares $359.85 thousand -58.8%N/A0.1 $47.98
8/15/202218,200 shares $894.89 thousand -30.0%N/A0.2 $49.17
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7/31/202226,000 shares $1.28 million -13.6%N/A0.3 $49.15
7/15/202230,100 shares $1.46 million +2.7%N/A0.3 $48.37
6/30/202229,300 shares $1.39 million -85.1%N/A0.3 $47.51
6/15/2022196,200 shares $9.20 million +1,103.7%N/A1.9 $46.87
5/31/202216,300 shares $801.15 thousand -90.8%N/A0.2 $49.15
5/15/2022177,000 shares $8.44 million +306.9%N/A1.7 $47.70
4/30/202243,500 shares $2.13 million -40.9%N/A0.5 $48.94
4/15/202273,600 shares $3.69 million +48.1%N/A0.8 $50.10
3/31/202249,700 shares $2.54 million -48.0%N/A0.6 $51.20
3/15/202295,500 shares $4.96 million +25.3%N/A1.3 $51.97
2/28/202276,200 shares $4.08 million -44.0%N/A1.2 $53.60
2/15/2022136,000 shares $7.28 million +164.1%N/A2.2 $53.55
1/31/202251,500 shares $2.80 million +2,761.1%N/A0.9 $54.29
1/15/20221,800 shares $100.20 thousand -83.5%N/A0 $55.67
12/31/202110,900 shares $611.82 thousand -46.8%N/A0.2 $56.13
12/15/202120,500 shares $1.15 million -54.0%N/A0.4 $56.16
11/30/202144,600 shares $2.50 million +70.2%N/A1 $56.01
11/15/202126,200 shares $1.47 million +208.2%N/A0.6 $55.98
10/29/20218,500 shares $471.41 thousand -83.7%N/A0.2 $55.46
10/15/202152,200 shares $2.91 million +214.5%N/A1.3 $55.66
9/30/202116,600 shares $925.78 thousand -29.7%N/A0.4 $55.77
9/15/202123,600 shares $1.33 million +118.5%N/A0.6 $56.44
8/31/202110,800 shares $610.20 thousand +535.3%N/A0.3 $56.50
8/13/20211,700 shares $96.32 thousand -95.4%N/A0 $56.66
7/30/202136,900 shares $2.09 million +19.4%N/A0.9 $56.73
7/15/202130,900 shares $1.75 million +306.6%N/A0.7 $56.79

FMHI Short Interest - Frequently Asked Questions

Short interest is the volume of First Trust Municipal High Income ETF shares that have been sold short but have not yet been covered or closed out. As of June 15th, investors have sold 137,095 shares of FMHI short. 0.69% of First Trust Municipal High Income ETF's shares are currently sold short. Learn More on First Trust Municipal High Income ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FMHI shares currently have a short interest ratio of 1.4. Learn More on First Trust Municipal High Income ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.69% of First Trust Municipal High Income ETF's floating shares are currently sold short.

First Trust Municipal High Income ETF saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 137,095 shares, an increase of 982.8% from the previous total of 12,661 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.

0.69% of First Trust Municipal High Income ETF's shares are currently sold short. Here is how the short interest of companies compare to First Trust Municipal High Income ETF: iShares Short-Term California Muni Active ETF (0.54%), First Trust California Municipal High Income ETF (0.27%), Fidelity Municipal Bond Opportunities ETF (0.81%), and First Trust Managed Municipal ETF (0.10%).

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($77.25 billion), Invesco QQQ ($51.70 billion), iShares Russell 2000 ETF ($25.75 billion), Sandisk Corporation ($23.00 billion), Western Digital Corporation ($17.29 billion), Nebius Group N.V. ($13.25 billion), SPDR S&P Biotech ETF ($10.78 billion), KLA Corporation ($10.45 billion), Salesforce Inc. ($9.71 billion), and VanEck Semiconductor ETF ($9.01 billion). View all of the most shorted stocks.

Short selling FMHI is an investing strategy that aims to generate trading profit from First Trust Municipal High Income ETF as its price is falling. FMHI shares are trading up $0.10 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 Municipal High Income 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 FMHI, 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 FMHI, twice per month. The most recent reporting period available is June, 15 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like FMHI:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



This page (NASDAQ:FMHI) was last updated on 6/25/2026 by MarketBeat.com Staff.
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