FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Short Interest Update

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,273 shares, a drop of 54.9% from the August 31st total of 2,823 shares. Based on an average daily volume of 8,259 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

FolioBeyond Enhanced Fixed Income Premium ETF Trading Down 0.0%

Shares of FIXP stock traded down $0.00 on Wednesday, hitting $19.14. 2,698 shares of the stock were exchanged, compared to its average volume of 2,164. The firm has a market capitalization of $9.95 million, a P/E ratio of 13.70 and a beta of 0.11. The business has a 50-day moving average of $19.72 and a 200 day moving average of $19.80. FolioBeyond Enhanced Fixed Income Premium ETF has a fifty-two week low of $19.08 and a fifty-two week high of $20.46.

FolioBeyond Enhanced Fixed Income Premium ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th will be paid a $0.14 dividend. This represents a $1.68 annualized dividend and a yield of 8.8%. The ex-dividend date is Tuesday, September 29th. This is a positive change from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.08.

FolioBeyond Enhanced Fixed Income Premium ETF Company Profile

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.