Short Interest in FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Drops By 59.3%

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,124 shares, a decline of 59.3% from the July 30th total of 2,765 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 503 shares, the short-interest ratio is currently 2.2 days.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Down 0.5%

FIXP stock traded down $0.10 during mid-day trading on Friday, reaching $19.79. 1,694 shares of the stock traded hands, compared to its average volume of 1,476. The firm has a market capitalization of $9.89 million, a PE ratio of 13.70 and a beta of 0.11. The business has a 50-day moving average of $19.87 and a two-hundred day moving average of $19.85. FolioBeyond Enhanced Fixed Income Premium ETF has a 52 week low of $19.46 and a 52 week high of $20.46.

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.