Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Decreases By 89.1%

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 257 shares, a decrease of 89.1% from the June 15th total of 2,368 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 7,214 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Managed Futures ETF Stock Performance

Shares of NASDAQ:FFUT traded up $0.06 during mid-day trading on Friday, reaching $58.91. The stock had a trading volume of 4,178 shares, compared to its average volume of 9,883. The firm has a 50 day simple moving average of $59.03 and a two-hundred day simple moving average of $57.05. Fidelity Managed Futures ETF has a twelve month low of $50.07 and a twelve month high of $62.41.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in Fidelity Managed Futures ETF in the second quarter valued at approximately $418,000. Maridea Wealth Management LLC bought a new stake in shares of Fidelity Managed Futures ETF during the first quarter worth $242,000. Finally, Parallel Advisors LLC bought a new stake in shares of Fidelity Managed Futures ETF during the first quarter worth $116,000.

About Fidelity Managed Futures ETF

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