Fidelity Managed Futures ETF (NASDAQ:FFUT) Short Interest Update

Fidelity Managed Futures ETF (NASDAQ:FFUT) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 14,665 shares, a growth of 107.2% from the April 30th total of 7,076 shares. Based on an average daily volume of 7,374 shares, the short-interest ratio is currently 2.0 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Fidelity Managed Futures ETF

Institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in Fidelity Managed Futures ETF during the 1st quarter valued at about $116,000. Maridea Wealth Management LLC bought a new position in Fidelity Managed Futures ETF during the 1st quarter valued at about $242,000. Finally, Jane Street Group LLC bought a new position in Fidelity Managed Futures ETF during the 2nd quarter valued at about $418,000.

Fidelity Managed Futures ETF Price Performance

FFUT stock remained flat at $59.74 during trading on Tuesday. 92,617 shares of the company traded hands, compared to its average volume of 9,236. Fidelity Managed Futures ETF has a 12-month low of $50.00 and a 12-month high of $61.97. The stock has a 50 day moving average of $58.58 and a 200 day moving average of $56.05.

Fidelity Managed Futures ETF Company Profile

The Fidelity Managed Futures ETF (FFUT) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.