Sound Enhanced Fixed Income ETF (NYSE:FXED) Shares Shorted: Short Interest Down 100.0% in October

Sound Enhanced Fixed Income ETF (NYSE:FXED) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1 shares, a decline of 100.0% from the September 30th total of 2,392 shares. Based on an average daily volume of 5,566 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Sound Enhanced Fixed Income ETF Trading Down 0.4%

Shares of FXED stock traded down $0.07 during trading on Monday, reaching $16.54. 3,560 shares of the company’s stock traded hands, compared to its average volume of 6,434. The firm’s 50-day moving average is $16.87 and its 200 day moving average is $17.43. The company has a market capitalization of $36.72 million, a P/E ratio of 11.31 and a beta of 0.55. Sound Enhanced Fixed Income ETF has a 1 year low of $16.22 and a 1 year high of $18.53.

Sound Enhanced Fixed Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 15th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a yield of 577.0%.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.