FMB Short Volume
First Trust Managed Municipal ETF (FMB) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $2.02B, listed on NASDAQ, carrying a beta of 0.86 to the broader market. The primary investment objective of the Fund will be to generate current income that is exempt from regular federal income taxes and its secondary objective will be long term capital appreciation. public since 2014-05-15.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-06-01
- Short Volume
- 33.4K
- Total Volume
- 129.7K
- Short %
- 25.74%
- 30-Day Avg Short %
- 29.45%
Showing 30 days of FINRA short volume data for First Trust Managed Municipal ETF.
Learn how short volume is reported and how to read the data →
Frequently asked FMB short volume questions
- What is the daily FMB short volume?
- As of Jun 1, 2026, First Trust Managed Municipal ETF (FMB) short volume is 33.4K shares against 129.7K total reported volume, or 25.74% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is FMB short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does FMB short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.