Sound Enhanced Fixed Income ETF (NYSE:FXED) Short Interest Down 96.4% in August

Sound Enhanced Fixed Income ETF (NYSE:FXED) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1 shares, a drop of 96.4% from the August 15th total of 28 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,431 shares, the days-to-cover ratio is currently 0.0 days.

Sound Enhanced Fixed Income ETF Stock Down 0.4%

Shares of FXED stock traded down $0.06 during mid-day trading on Friday, hitting $16.88. 1,478 shares of the stock were exchanged, compared to its average volume of 6,695. Sound Enhanced Fixed Income ETF has a 52-week low of $16.86 and a 52-week high of $19.00. The company has a market cap of $38.49 million, a PE ratio of 11.31 and a beta of 0.53. The firm has a fifty day moving average of $17.37 and a 200 day moving average of $17.48.

Sound Enhanced Fixed Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were paid a $0.04 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a yield of 556.0%.

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.