Short interest in First Trust New York Municipal High Income ETF (ARCA:FMNY) decreased during the last reporting period, falling from 3.29K to 2.09K. This put -% of the company's publicly available shares short.

Short interest for First Trust New York Municipal High Income ETF gives investors a sense of the degree to which investors are betting on the decline of First Trust New York Municipal High Income ETF's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 1.26K shares traded per day, it would take 1.65 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.