F/m Opportunistic Income ETF (NASDAQ:XFIX) Sees Significant Increase in Short Interest

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,000 shares, an increase of 233.3% from the March 31st total of 300 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

F/m Opportunistic Income ETF Trading Up 0.0 %

NASDAQ XFIX opened at $51.11 on Tuesday. F/m Opportunistic Income ETF has a fifty-two week low of $50.56 and a fifty-two week high of $53.62. The stock has a 50 day simple moving average of $51.51 and a two-hundred day simple moving average of $51.85.

F/m Opportunistic Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were paid a $0.1939 dividend. The ex-dividend date of this dividend was Tuesday, April 1st.

F/m Opportunistic Income ETF Company Profile

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality.