Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Grows By 2,931.5%

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,791 shares, a growth of 2,931.5% from the June 30th total of 257 shares. Based on an average daily trading volume, of 10,172 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

Fidelity Managed Futures ETF Price Performance

Shares of FFUT traded up $0.35 during trading hours on Friday, reaching $61.68. The stock had a trading volume of 6,809 shares, compared to its average volume of 15,219. Fidelity Managed Futures ETF has a 52 week low of $50.07 and a 52 week high of $66.61. The firm has a 50-day moving average of $59.27 and a 200 day moving average of $57.55.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

Several large investors have recently modified their holdings of FFUT. Jane Street Group LLC acquired a new stake in shares of Fidelity Managed Futures ETF during the second quarter worth about $418,000. Maridea Wealth Management LLC bought a new position in shares of Fidelity Managed Futures ETF during the 1st quarter valued at about $242,000. Finally, Parallel Advisors LLC acquired a new position in shares of Fidelity Managed Futures ETF in the 1st quarter valued at approximately $116,000.

Fidelity Managed Futures ETF Company Profile

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