Short Interest in FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Increases By 87.3%

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 957 shares, a growth of 87.3% from the June 15th total of 511 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 702 shares, the days-to-cover ratio is presently 1.4 days.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance

Shares of NYSEARCA FIXP traded up $0.03 during mid-day trading on Thursday, hitting $19.95. 151 shares of the stock were exchanged, compared to its average volume of 1,486. The company has a market cap of $9.97 million, a P/E ratio of 13.70 and a beta of 0.11. The stock’s fifty day simple moving average is $19.85 and its two-hundred day simple moving average is $19.88. FolioBeyond Enhanced Fixed Income Premium ETF has a twelve month low of $19.46 and a twelve month high of $20.46.

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.