UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) Sees Large Growth in Short Interest

UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,083 shares, a growth of 152.5% from the June 30th total of 825 shares. Based on an average daily volume of 1,554 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On UVA Unconstrained Medium-Term Fixed Income ETF

An institutional investor recently bought a new stake in UVA Unconstrained Medium-Term Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,082 shares of the company’s stock, valued at approximately $111,000. JPMorgan Chase & Co. owned approximately 0.23% of UVA Unconstrained Medium-Term Fixed Income ETF at the end of the most recent quarter.

UVA Unconstrained Medium-Term Fixed Income ETF Price Performance

Shares of FFIU traded down $0.07 during trading hours on Wednesday, reaching $21.42. 743 shares of the company’s stock traded hands, compared to its average volume of 2,046. UVA Unconstrained Medium-Term Fixed Income ETF has a twelve month low of $21.31 and a twelve month high of $23.11. The business’s fifty day simple moving average is $21.78 and its two-hundred day simple moving average is $21.98.

About UVA Unconstrained Medium-Term Fixed Income ETF

The Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF (FFIU) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed portfolio of a broad array of fixed income securities with dollar-weighted average effective duration between three and seven years. FFIU was launched on Aug 21, 2017 and is managed by UVA.