Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Increases By 417.0%

Fidelity Managed Futures ETF (NASDAQ:FFUT) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 7,616 shares, an increase of 417.0% from the December 31st total of 1,473 shares. Based on an average daily trading volume, of 5,893 shares, the short-interest ratio is currently 1.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 5,893 shares, the short-interest ratio is currently 1.3 days.

Fidelity Managed Futures ETF Stock Performance

FFUT opened at $55.24 on Wednesday. Fidelity Managed Futures ETF has a 1 year low of $50.00 and a 1 year high of $55.82. The stock’s 50 day simple moving average is $54.01 and its 200-day simple moving average is $52.64.

Fidelity Managed Futures ETF Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were given a dividend of $0.015 per share. This represents a dividend yield of 3.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

A hedge fund recently bought a new stake in Fidelity Managed Futures ETF stock. Jane Street Group LLC bought a new position in Fidelity Managed Futures ETF (NASDAQ:FFUT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,283 shares of the company’s stock, valued at approximately $418,000. Jane Street Group LLC owned approximately 0.35% of Fidelity Managed Futures ETF at the end of the most recent quarter.

Fidelity Managed Futures ETF Company Profile

The Fidelity Managed Futures ETF (FFUT) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.