Yesterday (12-October-2021) an earthquake swarm took place in Reykjanes volcano. Largest earthquake in this swarm had a magnitude of Mw3,3 and the earthquake swarm was out in the ocean not far from the coastline.
It is impossible to know for sure if this earthquake activity is directly connected to magma movements in this area. It is possible, but there have been some sign of magma moving in the crust in this area. The magma is moving but is not erupting or starting an eruption. Earthquake activity seems to be growing in this area of Reykjanes peninsula and Reykjanes ridge after the eruption in Fagradalsfjall mountain stopped.