Short interest in First Trust Short Duration Managed Municipal ETF (ARCA:FSMB) decreased during the last reporting period, falling from 151.93K to 71.59K. This put -% of the company's publicly available shares short.

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

Based on the recent average volume of 91.09K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.