F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Down 99.6% in March

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a drop of 99.6% from the February 28th total of 181,300 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

F/m Opportunistic Income ETF Stock Performance

F/m Opportunistic Income ETF stock traded down $0.09 during midday trading on Wednesday, hitting $51.76. 1,513 shares of the company were exchanged, compared to its average volume of 1,814. F/m Opportunistic Income ETF has a fifty-two week low of $50.37 and a fifty-two week high of $53.62. The company’s fifty day moving average price is $51.84 and its 200-day moving average price is $52.21.

F/m Opportunistic Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2837 per share. This is a boost from F/m Opportunistic Income ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, March 3rd.

About F/m Opportunistic Income ETF

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.