Sound Enhanced Fixed Income ETF (NYSE:FXED) Sees Large Decline in Short Interest

Sound Enhanced Fixed Income ETF (NYSE:FXED – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1 shares, a decrease of 100.0% from the September 30th total of 2,392 shares. Based on an average daily trading volume, of 5,566 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Sound Enhanced Fixed Income ETF Price Performance

Shares of FXED traded down $0.07 during midday trading on Monday, hitting $16.54. 3,560 shares of the company traded hands, compared to its average volume of 6,434. Sound Enhanced Fixed Income ETF has a one year low of $16.22 and a one year high of $18.53. The firm has a market cap of $36.72 million, a P/E ratio of 11.31 and a beta of 0.55. The stock has a 50-day moving average of $16.87 and a 200-day moving average of $17.43.

Sound Enhanced Fixed Income ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 15th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a yield of 577.0%.

Sound Enhanced Fixed Income ETF Company Profile

(Get Free Report)

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.

See Also

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