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

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

F/m Opportunistic Income ETF Stock Down 0.3 %

XFIX stock opened at $51.70 on Thursday. The firm’s fifty day simple moving average is $51.79 and its 200-day simple moving average is $52.29. 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 company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were issued a $0.2837 dividend. This is a boost from F/m Opportunistic Income ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, March 3rd.

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.