Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Drops By 40.0%

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, a decline of 40.0% from the March 31st total of 1,000 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.

F/m Opportunistic Income ETF Stock Performance

F/m Opportunistic Income ETF stock opened at $50.66 on Friday. F/m Opportunistic Income ETF has a fifty-two week low of $48.31 and a fifty-two week high of $52.23. The firm’s 50-day simple moving average is $51.22 and its 200 day simple moving average is $50.81.

F/m Opportunistic Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were given a $0.2313 dividend. This represents a $2.78 annualized dividend and a dividend yield of 5.48%. The ex-dividend date was Monday, April 1st.

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.