FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Short Interest Up 83.9% in July

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,760 shares, an increase of 83.9% from the June 30th total of 957 shares. Based on an average trading volume of 714 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.4% of the shares of the company are short sold.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance

NYSEARCA FIXP traded up $0.08 during trading on Thursday, hitting $19.84. 212 shares of the company’s stock traded hands, compared to its average volume of 1,441. The stock has a market capitalization of $9.92 million, a price-to-earnings ratio of 13.70 and a beta of 0.11. FolioBeyond Enhanced Fixed Income Premium ETF has a 12-month low of $19.46 and a 12-month high of $20.46. The business has a 50 day moving average of $19.86 and a 200-day moving average of $19.88.

About FolioBeyond Enhanced Fixed Income Premium ETF

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.