Fidelity Managed Futures ETF (NASDAQ:FFUT) Stock Short Interest Climbs 179.0%

Fidelity Managed Futures ETF (NASDAQ:FFUT) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 19,214 shares, an increase of 179.0% from the August 31st total of 6,886 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 24,976 shares, the days-to-cover ratio is currently 0.8 days.

Fidelity Managed Futures ETF Stock Down 0.5%

Shares of NASDAQ:FFUT traded down $0.34 during trading on Friday, hitting $65.25. 177,565 shares of the company were exchanged, compared to its average volume of 21,004. Fidelity Managed Futures ETF has a fifty-two week low of $51.68 and a fifty-two week high of $66.61. The firm has a fifty day moving average price of $62.17 and a two-hundred day moving average price of $59.77.

Institutional Trading of Fidelity Managed Futures ETF

An institutional investor recently bought a new stake in Fidelity Managed Futures ETF stock. Parallel Advisors LLC acquired a new position in shares of Fidelity Managed Futures ETF (NASDAQ:FFUT) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,022 shares of the company’s stock, valued at approximately $116,000.

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.