Fidelity Managed Futures ETF (NASDAQ:FFUT) Short Interest Up 107.2% in May

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

Hedge Funds Weigh In On Fidelity Managed Futures ETF

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

Fidelity Managed Futures ETF Stock Performance

FFUT stock opened at $59.74 on Wednesday. The stock has a 50-day moving average price of $58.58 and a two-hundred day moving average price of $56.05. Fidelity Managed Futures ETF has a 1 year low of $50.00 and a 1 year high of $61.97.

Fidelity Managed Futures ETF Company Profile

(Get Free Report)

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

See Also

Receive News & Ratings for Fidelity Managed Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Managed Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.