F/m Opportunistic Income ETF (NASDAQ:XFIX – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totalling 200 shares, a drop of 92.6% from the September 30th total of 2,700 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 0.1 days.
F/m Opportunistic Income ETF Stock Performance
NASDAQ XFIX opened at $52.18 on Friday. The company has a fifty day moving average of $52.96 and a two-hundred day moving average of $52.01. F/m Opportunistic Income ETF has a 1 year low of $48.42 and a 1 year high of $53.62.
F/m Opportunistic Income ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were paid a dividend of $0.243 per share. This represents a $2.92 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend was Tuesday, October 1st. This is an increase from F/m Opportunistic Income ETF’s previous monthly dividend of $0.23.
Institutional Inflows and Outflows
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.
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