UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) Sees Significant Growth in Short Interest

UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,861 shares, an increase of 110.5% from the August 15th total of 1,359 shares. Based on an average daily trading volume, of 665 shares, the days-to-cover ratio is presently 4.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in UVA Unconstrained Medium-Term Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in shares of UVA Unconstrained Medium-Term Fixed Income ETF (NYSEARCA:FFIU) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,082 shares of the company’s stock, valued at approximately $111,000. JPMorgan Chase & Co. owned 0.23% of UVA Unconstrained Medium-Term Fixed Income ETF at the end of the most recent quarter.

UVA Unconstrained Medium-Term Fixed Income ETF Stock Performance

Shares of FFIU stock remained flat at $21.17 during trading hours on Monday. The stock had a trading volume of 2,060 shares, compared to its average volume of 2,327. UVA Unconstrained Medium-Term Fixed Income ETF has a 1-year low of $21.12 and a 1-year high of $23.11. The firm has a 50-day moving average price of $21.48 and a two-hundred day moving average price of $21.79.

About UVA Unconstrained Medium-Term Fixed Income ETF

The Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF (FFIU) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed portfolio of a broad array of fixed income securities with dollar-weighted average effective duration between three and seven years. FFIU was launched on Aug 21, 2017 and is managed by UVA.