Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Decreases By 77.5%

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 3,302 shares, a decrease of 77.5% from the May 14th total of 14,665 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 15,109 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Fidelity Managed Futures ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC acquired a new position in Fidelity Managed Futures ETF during the first quarter worth $116,000. Maridea Wealth Management LLC acquired a new position in Fidelity Managed Futures ETF during the first quarter worth $242,000. Finally, Jane Street Group LLC acquired a new position in Fidelity Managed Futures ETF during the second quarter worth $418,000.

Fidelity Managed Futures ETF Trading Down 0.4%

FFUT stock opened at $59.76 on Wednesday. Fidelity Managed Futures ETF has a 12 month low of $50.00 and a 12 month high of $61.97. The firm has a 50-day moving average of $58.91 and a two-hundred day moving average of $56.32.

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.