Short Interest in Fidelity Managed Futures ETF (NASDAQ:FFUT) Decreases By 75.1%

Fidelity Managed Futures ETF (NASDAQ:FFUT) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 6,886 shares, a decline of 75.1% from the August 15th total of 27,651 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 33,435 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Fidelity Managed Futures ETF

A hedge fund recently bought a new stake in Fidelity Managed Futures ETF stock. Parallel Advisors LLC bought a new position in Fidelity Managed Futures ETF (NASDAQ:FFUT) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,022 shares of the company’s stock, valued at approximately $116,000.

Fidelity Managed Futures ETF Stock Up 0.5%

Shares of NASDAQ FFUT traded up $0.34 during trading on Monday, hitting $64.55. The company had a trading volume of 30,210 shares, compared to its average volume of 19,483. Fidelity Managed Futures ETF has a 12 month low of $51.68 and a 12 month high of $66.61. The stock has a 50 day simple moving average of $61.04 and a 200 day simple moving average of $59.16.

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.