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

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

Institutional Trading of F/m Opportunistic Income ETF

An institutional investor recently raised its position in F/m Opportunistic Income ETF stock. F M Investments LLC boosted its holdings in F/m Opportunistic Income ETF (NASDAQ:XFIX) by 7.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,000 shares of the company’s stock after acquiring an additional 3,800 shares during the period. F M Investments LLC owned 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 Trading Down 0.1 %

XFIX stock opened at $51.97 on Thursday. The firm has a 50 day moving average of $52.77 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 company also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were given 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 yield of 5.48%.

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.