Short Interest in FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Decreases By 87.6%

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 434 shares, a drop of 87.6% from the November 30th total of 3,508 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 680 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 680 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Up 0.1%

FolioBeyond Enhanced Fixed Income Premium ETF stock traded up $0.02 during mid-day trading on Thursday, hitting $20.06. The company’s stock had a trading volume of 4,825 shares, compared to its average volume of 18,012. The stock’s fifty day moving average price is $19.92 and its two-hundred day moving average price is $19.82. The stock has a market capitalization of $10.03 million, a P/E ratio of 13.70 and a beta of 0.23. FolioBeyond Enhanced Fixed Income Premium ETF has a twelve month low of $17.67 and a twelve month high of $20.49.

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.