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

First Trust Flexible Municipal High Income ETF Short Interest Data

First Trust Flexible Municipal High Income ETF (MCEF) has a short interest of 8,300 shares. This marks a -2.35% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 12,439 shares to cover all short positions.

Current Short Interest
8,300 shares
Previous Short Interest
8,500 shares
Change Vs. Previous Month
-2.35%
Dollar Volume Sold Short
$149.90 thousand
Short Interest Ratio
0.7 Days to Cover
Last Record Date
March 31, 2022
Outstanding Shares
950,000 shares
Percentage of Shares Shorted
0.87%
Today's Trading Volume
25,600 shares
Average Trading Volume
12,439 shares
Today's Volume Vs. Average
206%
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MCEF Short Interest Over Time

MCEF Days to Cover Over Time

MCEF Percentage of Float Shorted Over Time

First Trust Flexible Municipal High Income ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20228,300 shares $149.90 thousand -2.4%N/A0.7 $18.06
3/15/20228,500 shares $154.19 thousand +10.4%N/A0.8 $18.14
2/28/20227,700 shares $145.68 thousand -4.9%N/A0.7 $18.92
2/15/20228,100 shares $150.50 thousand -18.2%N/A0.8 $18.58
1/31/20229,900 shares $191.76 thousand -27.7%N/A1.1 $19.37
1/15/202213,700 shares $276.88 thousand -55.8%N/A1.3 $20.21
12/31/202131,000 shares $655.34 thousand +17.4%N/A4 $21.14
12/15/202126,400 shares $551.23 thousand +3.1%N/A3.1 $20.88
11/30/202125,600 shares $535.55 thousand -15.2%N/A2.9 $20.92
11/15/202130,200 shares $633.14 thousand -7.4%N/A3.6 $20.97
10/29/202132,600 shares $672.21 thousand +18.6%N/A3.8 $20.62
10/15/202127,500 shares $572.55 thousand -18.6%N/A2.7 $20.82
9/30/202133,800 shares $704.05 thousand -15.9%N/A3.5 $20.83
9/15/202140,200 shares $863.50 thousand -25.6%N/A4.4 $21.48
8/31/202154,000 shares $1.17 million +50.0%N/A6.2 $21.60
8/13/202136,000 shares $773.64 thousand +5.9%N/A4.3 $21.49
7/30/202134,000 shares $732.87 thousand +11.1%N/A3.8 $21.56
7/15/202130,600 shares $655.15 thousand +173.2%N/A4.6 $21.41
6/30/202111,200 shares $239.23 thousand +15.5%N/A1.8 $21.36
6/15/20219,700 shares $205.16 thousand -85.0%N/A1.9 $21.15
5/28/202164,700 shares $1.36 million +64.2%N/A13.8 $20.99
5/14/202139,400 shares $812.41 thousand +535.5%N/A9.9 $20.62
4/30/20216,200 shares $128.00 thousand -6.1%N/A1.7 $20.64
4/15/20216,600 shares $136.36 thousand -47.2%N/A2.4 $20.66
3/31/202112,500 shares $253.56 thousand -29.8%N/A5.4 $20.29
3/15/202117,800 shares $357.42 thousand -4.3%N/A8.5 $20.08
2/26/202118,600 shares $369.58 thousand +22.4%N/A9.8 $19.87
2/12/202115,200 shares $314.79 thousand +8.6%N/A7.6 $20.71
1/29/202114,000 shares $285.60 thousand +16.7%N/A7 $20.40
1/15/202112,000 shares $240.60 thousand No ChangeN/A5.7 $20.05
10/15/2020800 shares $15.35 thousand -20.0%N/A0 $19.19
9/30/20201,000 shares $19.07 thousand No ChangeN/A0.6 $19.07
9/15/20201,000 shares $19.28 thousand No ChangeN/A0.7 $19.28
8/31/20201,000 shares $19.15 thousand +11.1%N/A0.8 $19.15
8/14/2020900 shares $17.65 thousand +12.5%N/A0.6 $19.61
7/31/2020800 shares $15.56 thousand -80.0%N/A0.4 $19.45
7/15/20204,000 shares $76.68 thousand +21.2%N/A1.9 $19.17

MCEF Short Interest - Frequently Asked Questions

What is First Trust Flexible Municipal High Income ETF's current short interest?

Short interest is the volume of First Trust Flexible Municipal High Income ETF shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 8,300 shares of MCEF short. Learn More on First Trust Flexible Municipal High Income ETF's current short interest.

What is a good short interest ratio for First Trust Flexible Municipal High Income ETF?

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. MCEF shares currently have a short interest ratio of 1.0. Learn More on First Trust Flexible Municipal High Income ETF's short interest ratio.

Is First Trust Flexible Municipal High Income ETF's short interest increasing or decreasing?

First Trust Flexible Municipal High Income ETF saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 8,300 shares, a drop of 2.4% from the previous total of 8,500 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.

How does First Trust Flexible Municipal High Income ETF's short interest compare to its competitors?

Here is how the short interest of companies compare to First Trust Flexible Municipal High Income ETF: First Trust California Municipal High Income ETF (0.03%), First Trust Municipal High Income ETF (0.05%), and First Trust Managed Municipal ETF (0.03%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.71 billion), Charter Communications, Inc. ($4.05 billion), Lucid Group, Inc. ($2.70 billion), Rivian Automotive, Inc. ($2.50 billion), HP Inc. ($2.40 billion), GameStop Corp. ($2.04 billion), Wayfair Inc. ($1.89 billion), Plug Power, Inc. ($1.87 billion), Live Nation Entertainment, Inc. ($1.82 billion), and Teladoc Health, Inc. ($1.80 billion). View all of the most shorted stocks.

What does it mean to sell short First Trust Flexible Municipal High Income ETF stock?

Short selling MCEF is an investing strategy that aims to generate trading profit from First Trust Flexible Municipal High Income ETF as its price is falling. 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.

How does a short squeeze work against First Trust Flexible Municipal High Income ETF?

A short squeeze for First Trust Flexible 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 MCEF, which in turn drives the price of the stock up even further.

How often is First Trust Flexible Municipal High Income ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MCEF, twice per month. The most recent reporting period available is March, 31 2022.




This page (NASDAQ:MCEF) was last updated on 7/13/2025 by MarketBeat.com Staff
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