Short interest in First Trust Short Duration Managed Municipal ETF (ARCA:FSMB) decreased during the last reporting period, falling from 137.03K to 52.60K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 358.63K 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.