Short Interest in FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Grows By 151.2%

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,823 shares, a growth of 151.2% from the August 15th total of 1,124 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 3,217 shares, the short-interest ratio is currently 0.9 days.

FolioBeyond Enhanced Fixed Income Premium ETF Trading Down 0.1%

Shares of FIXP stock traded down $0.02 during trading hours on Friday, hitting $19.59. The company’s stock had a trading volume of 666 shares, compared to its average volume of 1,894. The stock has a market cap of $9.79 million, a PE ratio of 13.70 and a beta of 0.11. FolioBeyond Enhanced Fixed Income Premium ETF has a 12-month low of $19.46 and a 12-month high of $20.46. The company has a 50 day moving average of $19.84 and a 200 day moving average of $19.83.

FolioBeyond Enhanced Fixed Income Premium ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 30th were given a dividend of $0.08 per share. The ex-dividend date was Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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.