Sound Enhanced Fixed Income ETF (NYSE:FXED) Short Interest Update

Sound Enhanced Fixed Income ETF (NYSE:FXED) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,392 shares, an increase of 239,100.0% from the September 15th total of 1 shares. Based on an average trading volume of 5,359 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Sound Enhanced Fixed Income ETF Price Performance

FXED stock traded down $0.14 during midday trading on Friday, reaching $16.45. 12,851 shares of the company were exchanged, compared to its average volume of 6,553. The business has a 50-day moving average price of $17.09 and a two-hundred day moving average price of $17.36. Sound Enhanced Fixed Income ETF has a one year low of $16.31 and a one year high of $18.58. The firm has a market capitalization of $36.51 million, a price-to-earnings ratio of 11.31 and a beta of 0.55.

Sound Enhanced Fixed Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.04 per share. This represents a dividend yield of 577.0%. The ex-dividend date was Tuesday, September 29th.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.