Fidelity Managed Futures ETF (NASDAQ:FFUT) Short Interest Down 75.1% in August

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 6,886 shares, a decrease of 75.1% from the August 15th total of 27,651 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 33,435 shares, the short-interest ratio is presently 0.2 days.

Fidelity Managed Futures ETF Trading Down 0.6%

FFUT traded down $0.42 on Friday, reaching $64.21. The company had a trading volume of 48,523 shares, compared to its average volume of 19,425. Fidelity Managed Futures ETF has a 52-week low of $51.68 and a 52-week high of $66.61. The business has a 50 day simple moving average of $61.04 and a 200 day simple moving average of $59.14.

Institutional Trading of Fidelity Managed Futures ETF

Several institutional investors and hedge funds have recently made changes to their positions in FFUT. Parallel Advisors LLC bought a new stake in shares of Fidelity Managed Futures ETF during the 1st quarter worth $116,000. Maridea Wealth Management LLC bought a new position in Fidelity Managed Futures ETF in the first quarter valued at $242,000. Finally, Jane Street Group LLC bought a new position in Fidelity Managed Futures ETF in the second quarter valued at $418,000.

About Fidelity Managed Futures ETF

The Fidelity Managed Futures ETF (FFUT) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.