Sound Enhanced Fixed Income ETF (NYSE:FXED) Stock Short Interest Jumps 200.0%

Sound Enhanced Fixed Income ETF (NYSE:FXED) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 3 shares, a growth of 200.0% from the October 15th total of 1 shares. Based on an average daily volume of 4,175 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Sound Enhanced Fixed Income ETF Price Performance

Shares of NYSE:FXED traded down $0.17 during trading on Friday, reaching $16.39. 2,286 shares of the company’s stock traded hands, compared to its average volume of 6,348. The company has a 50 day moving average of $16.68 and a 200-day moving average of $17.33. Sound Enhanced Fixed Income ETF has a 12 month low of $16.22 and a 12 month high of $18.39. The stock has a market capitalization of $36.40 million, a P/E ratio of 11.31 and a beta of 0.56.

Sound Enhanced Fixed Income ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were given a $0.04 dividend. This represents a dividend yield of 576.0%. The ex-dividend date of this dividend was Thursday, October 29th.

About Sound Enhanced Fixed Income ETF

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.