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

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

F/m Opportunistic Income ETF Price Performance

Shares of XFIX opened at $51.90 on Friday. The firm has a fifty day simple moving average of $52.00 and a two-hundred day simple moving average of $52.38. F/m Opportunistic Income ETF has a twelve month low of $50.37 and a twelve month high of $53.62.

F/m Opportunistic Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were given a dividend of $0.2356 per share. The ex-dividend date of this dividend was Monday, December 30th. This is a boost from F/m Opportunistic Income ETF’s previous dividend of $0.23.

Institutional Investors Weigh In On F/m Opportunistic Income ETF

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

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.