Short Interest in FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Drops By 87.6%

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 434 shares, a drop of 87.6% from the November 30th total of 3,508 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 680 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 680 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance

NYSEARCA:FIXP traded up $0.02 on Friday, reaching $20.06. The company’s stock had a trading volume of 372 shares, compared to its average volume of 18,012. FolioBeyond Enhanced Fixed Income Premium ETF has a 1-year low of $17.67 and a 1-year high of $20.49. The business’s 50-day moving average price is $19.93 and its two-hundred day moving average price is $19.83. The firm has a market cap of $10.03 million, a PE ratio of 13.70 and a beta of 0.23.

FolioBeyond Enhanced Fixed Income Premium ETF Company Profile

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.