Anfield Universal Fixed Income ETF (BATS:AFIF) Stock Short Interest Declines 41.8%

Anfield Universal Fixed Income ETF (BATS:AFIF) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 98,816 shares, a drop of 41.8% from the September 30th total of 169,735 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 1,745,793 shares, the short-interest ratio is currently 0.1 days.

Anfield Universal Fixed Income ETF Stock Performance

AFIF stock opened at $9.25 on Monday. The firm’s 50-day moving average price is $9.32 and its two-hundred day moving average price is $9.38. Anfield Universal Fixed Income ETF has a 12-month low of $9.07 and a 12-month high of $9.86.

Anfield Universal Fixed Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 29th were paid a $0.0248 dividend. The ex-dividend date of this dividend was Thursday, October 29th. This is a drop from Anfield Universal Fixed Income ETF’s previous monthly dividend of $0.0359. This represents a $0.30 annualized dividend and a dividend yield of 3.2%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Anfield Universal Fixed Income ETF stock. Compass Financial Management LLC acquired a new position in Anfield Universal Fixed Income ETF (BATS:AFIF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 114,861 shares of the company’s stock, valued at approximately $1,080,000. Compass Financial Management LLC owned 0.76% of Anfield Universal Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission.

Anfield Universal Fixed Income ETF Company Profile

The Anfield Universal Fixed Income ETF (AFIF) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, diversified global portfolio of fixed income instruments. AFIF was launched on Sep 18, 2018 and is managed by Anfield.