FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Sees Significant Growth in Short Interest

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,823 shares, an increase of 151.2% from the August 15th total of 1,124 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 3,217 shares, the short-interest ratio is currently 0.9 days.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance

Shares of FIXP traded down $0.02 during mid-day trading on Tuesday, reaching $19.53. 114 shares of the company were exchanged, compared to its average volume of 1,873. The business has a 50 day simple moving average of $19.83 and a two-hundred day simple moving average of $19.83. FolioBeyond Enhanced Fixed Income Premium ETF has a 52 week low of $19.46 and a 52 week high of $20.46. The stock has a market capitalization of $9.77 million, a PE ratio of 13.70 and a beta of 0.11.

FolioBeyond Enhanced Fixed Income Premium ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were paid a $0.08 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, July 30th.

FolioBeyond Enhanced Fixed Income Premium ETF Company Profile

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.