Federated Hermes Premier Municipal Income Fund (FMN) Short Interest Ratio & Short Volume

Short interest is the volume of Federated Hermes Premier Municipal Income Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 6,800 shares of FMN short. Learn More on Federated Hermes Premier Municipal Income Fund's current short interest.

Federated Hermes Premier Municipal Income Fund saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 6,800 shares, an increase of 106.1% from the previous total of 3,300 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.

Here is how the short interest of companies in the industry of "financial services" compare to Federated Hermes Premier Municipal Income Fund: BlackRock Debt Strategies Fund, Inc. (0.17%), BNY Mellon Strategic Municipal Bond Fund, Inc. (0.03%), BNY Mellon Strategic Municipals, Inc. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.71 billion), iShares 20+ Year Treasury Bond ETF ($9.48 billion), Strategy Incorporated ($8.92 billion), Charter Communications, Inc. ($3.86 billion), Apollo Global Management, Inc. ($3.86 billion), Capital One Financial Co. ($3.72 billion), Super Micro Computer, Inc. ($3.47 billion), AppLovin Co. ($2.64 billion), VanEck Semiconductor ETF ($2.46 billion), and The Kroger Co. ($2.33 billion). View all of the most shorted stocks.

Short selling FMN is an investing strategy that aims to generate trading profit from Federated Hermes Premier Municipal Income Fund as its price is falling. FMN shares are trading down $0.02 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 Federated Hermes Premier Municipal Income Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FMN, 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 FMN, twice per month. The most recent reporting period available is April, 15 2025.