Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Rises By 65.4%

Fidelity Managed Futures ETF (NASDAQ:FFUTGet Free Report) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 6,857 shares, a growth of 65.4% from the February 12th total of 4,146 shares. Based on an average daily trading volume, of 3,573 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 3,573 shares, the days-to-cover ratio is currently 1.9 days.

Fidelity Managed Futures ETF Stock Performance

Shares of Fidelity Managed Futures ETF stock traded down $0.43 during trading on Friday, hitting $56.38. The stock had a trading volume of 7,305 shares, compared to its average volume of 5,186. Fidelity Managed Futures ETF has a 1 year low of $50.00 and a 1 year high of $57.85. The stock has a 50 day simple moving average of $55.28 and a 200 day simple moving average of $53.66.

Fidelity Managed Futures ETF Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were issued a $0.015 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 3.0%.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

A hedge fund recently bought a new stake in Fidelity Managed Futures ETF stock. Jane Street Group LLC bought a new stake in shares of Fidelity Managed Futures ETF (NASDAQ:FFUTFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,283 shares of the company’s stock, valued at approximately $418,000. Jane Street Group LLC owned approximately 0.35% of Fidelity Managed Futures ETF at the end of the most recent reporting period.

About Fidelity Managed Futures ETF

(Get Free Report)

The Fidelity Managed Futures ETF (FFUT) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.

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