F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Up 1,300.0% in December

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,400 shares, a growth of 1,300.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On F/m Opportunistic Income ETF

An institutional investor recently raised its position in F/m Opportunistic Income ETF stock. F M Investments LLC grew its stake in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) by 7.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 Securities and Exchange Commission.

F/m Opportunistic Income ETF Stock Performance

F/m Opportunistic Income ETF stock opened at $51.87 on Friday. The stock’s fifty day moving average is $52.21 and its two-hundred day moving average is $52.37. F/m Opportunistic Income ETF has a 1-year low of $50.37 and a 1-year high of $53.62.

F/m Opportunistic Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Monday, December 2nd were given a dividend of $0.2337 per share. The ex-dividend date was Monday, December 2nd.

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.