F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Up 321.4% in January

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 5,900 shares, an increase of 321.4% from the December 31st total of 1,400 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is currently 4.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in F/m Opportunistic Income ETF stock. F M Investments LLC boosted its stake in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,000 shares of the company’s stock after buying an additional 3,800 shares during the quarter. F M Investments LLC owned approximately 8.51% of F/m Opportunistic Income ETF worth $3,041,000 as of its most recent SEC filing.

F/m Opportunistic Income ETF Price Performance

XFIX stock traded down $0.01 during trading hours on Thursday, reaching $51.90. 101 shares of the stock were exchanged, compared to its average volume of 1,239. The firm’s 50-day moving average is $52.00 and its 200-day moving average is $52.38. F/m Opportunistic Income ETF has a 12 month low of $50.37 and a 12 month high of $53.62.

F/m Opportunistic Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a dividend of $0.2356 per share. This is an increase from F/m Opportunistic Income ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, December 30th.

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.