F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Down 50.0% in October

F/m Opportunistic Income ETF (NASDAQ:XFIX) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in F/m Opportunistic Income ETF stock. F M Investments LLC purchased a new stake in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 53,200 shares of the company’s stock, valued at approximately $2,736,000. F M Investments LLC owned 9.50% of F/m Opportunistic Income ETF at the end of the most recent quarter.

F/m Opportunistic Income ETF Stock Performance

Shares of XFIX stock opened at $52.04 on Wednesday. The company’s 50-day simple moving average is $52.79 and its two-hundred day simple moving average is $52.14. F/m Opportunistic Income ETF has a one year low of $48.87 and a one year high of $53.62.

F/m Opportunistic Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.2371 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.85 annualized dividend and a yield of 5.47%.

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.