F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Update

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

F/m Opportunistic Income ETF Stock Performance

Shares of NASDAQ XFIX opened at $51.97 on Thursday. The stock’s 50-day moving average is $52.77 and its two-hundred day moving average is $52.15. F/m Opportunistic Income ETF has a 1-year low of $49.23 and a 1-year high of $53.62.

F/m Opportunistic Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a dividend of $0.2371 per share. The ex-dividend date was Friday, November 1st. This represents a $2.85 dividend on an annualized basis and a dividend yield of 5.48%.

Institutional Trading of F/m Opportunistic Income ETF

A hedge fund recently raised its stake in F/m Opportunistic Income ETF stock. F M Investments LLC grew its position in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) by 7.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,000 shares of the company’s stock after purchasing an additional 3,800 shares during the quarter. F M Investments LLC owned approximately 8.51% of F/m Opportunistic Income ETF worth $3,041,000 as of its most recent filing with the SEC.

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.