FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Sees Significant Growth in Short Interest

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 101 shares, an increase of 320.8% from the April 30th total of 24 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,878 shares, the short-interest ratio is presently 0.0 days.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Down 0.7%

Shares of NYSEARCA:FIXP opened at $19.75 on Friday. The firm has a market cap of $9.88 million, a P/E ratio of 13.70 and a beta of 0.14. FolioBeyond Enhanced Fixed Income Premium ETF has a 12-month low of $17.67 and a 12-month high of $20.46. The business has a fifty day simple moving average of $19.83 and a 200 day simple moving average of $19.91.

About FolioBeyond Enhanced Fixed Income Premium ETF

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.