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

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

Fidelity Managed Futures ETF Trading Up 0.8%

NASDAQ FFUT opened at $55.24 on Wednesday. The stock has a 50 day moving average price of $54.01 and a 200-day moving average price of $52.64. Fidelity Managed Futures ETF has a one year low of $50.00 and a one year high of $55.82.

Fidelity Managed Futures ETF Cuts Dividend

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

Institutional Inflows and Outflows

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

About Fidelity Managed Futures ETF

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