F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Down 50.0% in October

F/m Opportunistic Income ETF (NASDAQ:XFIX) saw a large decline in short interest in the month of 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 trading volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

F/m Opportunistic Income ETF Price Performance

F/m Opportunistic Income ETF stock opened at $51.95 on Friday. The firm has a 50 day moving average of $52.75 and a 200 day moving average of $52.15. F/m Opportunistic Income ETF has a 12-month low of $49.23 and a 12-month high of $53.62.

F/m Opportunistic Income ETF Cuts Dividend

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

Institutional Trading of F/m Opportunistic Income ETF

An institutional investor recently bought a new position in F/m Opportunistic Income ETF stock. F M Investments LLC acquired a new stake in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,200 shares of the company’s stock, valued at approximately $2,736,000. F M Investments LLC owned 9.50% of F/m Opportunistic Income ETF at the end of the most recent reporting period.

F/m Opportunistic Income ETF Company Profile

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.