Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Drops By 39.5%

Fidelity Managed Futures ETF (NASDAQ:FFUTGet Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 4,607 shares, a decrease of 39.5% from the January 15th total of 7,616 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,969 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 5,969 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

An institutional investor recently bought a new position in Fidelity Managed Futures ETF stock. Jane Street Group LLC purchased a new stake in shares of Fidelity Managed Futures ETF (NASDAQ:FFUTFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 8,283 shares of the company’s stock, valued at approximately $418,000. Jane Street Group LLC owned about 0.35% of Fidelity Managed Futures ETF at the end of the most recent reporting period.

Fidelity Managed Futures ETF Trading Down 0.6%

Shares of NASDAQ:FFUT traded down $0.33 during trading on Friday, reaching $54.87. 4,428 shares of the company traded hands, compared to its average volume of 5,121. The firm has a fifty day simple moving average of $54.47 and a 200 day simple moving average of $53.00. Fidelity Managed Futures ETF has a 1-year low of $50.00 and a 1-year high of $57.85.

Fidelity Managed Futures ETF Cuts Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Investors of record on Tuesday, December 30th were given a dividend of $0.015 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 3.0%.

Fidelity Managed Futures ETF Company Profile

(Get Free Report)

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

Further Reading

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