Fidelity Managed Futures ETF (NASDAQ:FFUT) Short Interest Down 39.5% in January

Fidelity Managed Futures ETF (NASDAQ:FFUT) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 4,607 shares, a decline of 39.5% from the January 15th total of 7,616 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,969 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 5,969 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the company’s shares are short sold.

Fidelity Managed Futures ETF Trading Down 0.6%

Shares of FFUT traded down $0.33 during midday trading on Friday, hitting $54.87. 4,428 shares of the stock were exchanged, compared to its average volume of 5,121. Fidelity Managed Futures ETF has a 52-week low of $50.00 and a 52-week high of $57.85. The stock has a fifty day simple moving average of $54.46 and a 200 day simple moving average of $52.98.

Fidelity Managed Futures ETF Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.015 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 3.0%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Fidelity Managed Futures ETF stock. Jane Street Group LLC bought a new position in shares of Fidelity Managed Futures ETF (NASDAQ:FFUT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,283 shares of the company’s stock, valued at approximately $418,000. Jane Street Group LLC owned approximately 0.35% of Fidelity Managed Futures ETF as of its most recent SEC filing.

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.