Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Expands By 3,677.1%

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 181,300 shares, a growth of 3,677.1% from the February 13th total of 4,800 shares. Approximately 27.1% of the shares of the company are sold short. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 129.5 days.

F/m Opportunistic Income ETF Stock Performance

Shares of NASDAQ XFIX opened at $51.70 on Friday. F/m Opportunistic Income ETF has a 12-month low of $50.37 and a 12-month high of $53.62. The firm has a 50 day moving average of $51.79 and a 200 day moving average of $52.29.

F/m Opportunistic Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2837 per share. This is an increase from F/m Opportunistic Income ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 3rd.

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.