Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Drops By 99.6%

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, a drop of 99.6% from the February 28th total of 181,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 0.4 days.

F/m Opportunistic Income ETF Stock Down 0.2 %

Shares of NASDAQ:XFIX opened at $51.76 on Friday. The business has a fifty day simple moving average of $51.84 and a 200-day simple moving average of $52.20. F/m Opportunistic Income ETF has a 52 week low of $50.37 and a 52 week high of $53.62.

F/m Opportunistic Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were given a dividend of $0.2837 per share. This is a positive change from F/m Opportunistic Income ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 3rd.

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.