Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Drops By 40.0%

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, a decline of 40.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 0.2 days.

F/m Opportunistic Income ETF Stock Up 0.3 %

Shares of F/m Opportunistic Income ETF stock opened at $50.66 on Friday. F/m Opportunistic Income ETF has a 52-week low of $48.31 and a 52-week high of $52.23. The company has a 50-day simple moving average of $51.22 and a two-hundred day simple moving average of $50.81.

F/m Opportunistic Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were paid a $0.2313 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.78 dividend on an annualized basis and a dividend yield of 5.48%.

F/m Opportunistic Income ETF Company Profile

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.