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

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a large increase in short interest during 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.4 days.

F/m Opportunistic Income ETF Trading Up 0.0 %

NASDAQ:XFIX opened at $51.11 on Tuesday. The firm has a 50-day moving average price of $51.51 and a two-hundred day moving average price of $51.85. F/m Opportunistic Income ETF has a 52 week low of $50.56 and a 52 week high of $53.62.

F/m Opportunistic Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.1939 per share. The ex-dividend date was Tuesday, April 1st.

About F/m Opportunistic Income ETF

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.