FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,896 shares, an increase of 127.5% from the September 15th total of 1,273 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 6,840 shares, the days-to-cover ratio is presently 0.4 days.
FolioBeyond Enhanced Fixed Income Premium ETF Price Performance
FIXP stock traded down $0.02 during trading on Wednesday, hitting $19.08. 123 shares of the stock traded hands, compared to its average volume of 2,118. The stock has a market cap of $9.92 million, a price-to-earnings ratio of 13.70 and a beta of 0.13. FolioBeyond Enhanced Fixed Income Premium ETF has a 1 year low of $19.03 and a 1 year high of $20.46. The firm’s 50 day moving average is $19.56 and its two-hundred day moving average is $19.75.
FolioBeyond Enhanced Fixed Income Premium ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a dividend yield of 8.8%. This is an increase from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 29th.
FolioBeyond Enhanced Fixed Income Premium ETF Company Profile
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.
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