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

Fidelity Managed Futures ETF (NASDAQ:FFUT) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 6,886 shares, a decrease of 75.1% from the August 15th total of 27,651 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 33,435 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Fidelity Managed Futures ETF

Large investors have recently bought and sold shares of the business. Parallel Advisors LLC acquired a new position in Fidelity Managed Futures ETF in the 1st quarter valued at $116,000. Maridea Wealth Management LLC acquired a new position in Fidelity Managed Futures ETF in the 1st quarter valued at about $242,000. Finally, Jane Street Group LLC purchased a new stake in shares of Fidelity Managed Futures ETF in the 2nd quarter valued at approximately $418,000.

Fidelity Managed Futures ETF Trading Down 0.6%

Shares of NASDAQ:FFUT traded down $0.42 during trading on Friday, hitting $64.21. The stock had a trading volume of 48,523 shares, compared to its average volume of 19,425. The stock has a 50-day simple moving average of $61.04 and a two-hundred day simple moving average of $59.14. Fidelity Managed Futures ETF has a 12-month low of $51.68 and a 12-month high of $66.61.

About Fidelity Managed Futures ETF

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