Short Interest in F/m Opportunistic Income ETF (NASDAQ:XFIX) Drops By 40.0%

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 600 shares, a decline of 40.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 0.2 days.

F/m Opportunistic Income ETF Price Performance

XFIX stock opened at $50.66 on Friday. F/m Opportunistic Income ETF has a one year low of $48.31 and a one year high of $52.23. The firm has a 50 day simple moving average of $51.22 and a two-hundred day simple moving average of $50.83.

F/m Opportunistic Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2313 per share. The ex-dividend date was Monday, April 1st. This represents a $2.78 dividend on an annualized basis and a yield of 5.48%.

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.