FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,896 shares, an increase of 127.5% from the September 15th total of 1,273 shares. Based on an average daily volume of 6,840 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the company’s shares are short sold.
FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance
NYSEARCA:FIXP traded up $0.07 during trading hours on Thursday, reaching $19.16. The company’s stock had a trading volume of 2,271 shares, compared to its average volume of 2,114. The firm has a market capitalization of $9.96 million, a price-to-earnings ratio of 13.70 and a beta of 0.13. The firm has a 50-day simple moving average of $19.56 and a 200-day simple moving average of $19.75. FolioBeyond Enhanced Fixed Income Premium ETF has a 1 year low of $19.03 and a 1 year high of $20.46.
FolioBeyond Enhanced Fixed Income Premium ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were issued a $0.14 dividend. This is an increase from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.08. The ex-dividend date was Tuesday, September 29th. This represents a $1.68 annualized dividend and a yield of 8.8%.
FolioBeyond Enhanced Fixed Income Premium ETF Company Profile
The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.
Further Reading
- Five stocks we like better than FolioBeyond Enhanced Fixed Income Premium ETF
- Apple Cut iPhone 18 Orders; What Does It Mean For Suppliers?
- Failed Breakout in Tech? 3 Sectors Leading the Market Rotation
- Solaris Rides the AI Boom as Risks Mount
- Big Banks Report Strong Earnings—So Why Are Shares Falling?
Receive News & Ratings for FolioBeyond Enhanced Fixed Income Premium ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FolioBeyond Enhanced Fixed Income Premium ETF and related companies with MarketBeat.com's FREE daily email newsletter.
