Fidelity Managed Futures ETF (NASDAQ:FFUT) Sees Significant Increase in Short Interest

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,616 shares, a growth of 417.0% from the December 31st total of 1,473 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 5,893 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 5,893 shares, the short-interest ratio is presently 1.3 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of Fidelity Managed Futures ETF

An institutional investor recently bought a new position in Fidelity Managed Futures ETF stock. Jane Street Group LLC acquired a new position in shares of Fidelity Managed Futures ETF (NASDAQ:FFUT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,283 shares of the company’s stock, valued at approximately $418,000. Jane Street Group LLC owned approximately 0.35% of Fidelity Managed Futures ETF at the end of the most recent reporting period.

Fidelity Managed Futures ETF Price Performance

NASDAQ FFUT opened at $55.92 on Friday. Fidelity Managed Futures ETF has a twelve month low of $50.00 and a twelve month high of $57.85. The company’s 50-day simple moving average is $54.12 and its 200 day simple moving average is $52.68.

Fidelity Managed Futures ETF Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were paid a $0.015 dividend. This represents a dividend yield of 3.0%. The ex-dividend date was Tuesday, December 30th.

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.