Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Rises By 321.4%

F/m Opportunistic Income ETF (NASDAQ:XFIX) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 5,900 shares, an increase of 321.4% from the December 31st total of 1,400 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 4.9 days.

F/m Opportunistic Income ETF Stock Performance

XFIX opened at $51.90 on Friday. The firm’s fifty day moving average is $51.99 and its 200 day moving average is $52.38. F/m Opportunistic Income ETF has a fifty-two week low of $50.37 and a fifty-two week high of $53.62.

F/m Opportunistic Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a dividend of $0.2356 per share. This is a positive change from F/m Opportunistic Income ETF’s previous dividend of $0.23. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On 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 position in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) by 7.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,000 shares of the company’s stock after buying an additional 3,800 shares during the quarter. F M Investments LLC owned approximately 8.51% of F/m Opportunistic Income ETF worth $3,041,000 at the end of the most recent reporting period.

F/m Opportunistic Income ETF Company Profile

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.