F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Update

F/m Opportunistic Income ETF (NASDAQ:XFIX) 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

An institutional investor recently bought a new position in F/m Opportunistic Income ETF stock. F M Investments LLC acquired a new stake in F/m Opportunistic Income ETF (NASDAQ:XFIX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,200 shares of the company’s stock, valued at approximately $2,736,000. F M Investments LLC owned 9.50% of F/m Opportunistic Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.