Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Get Free Report) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 10 shares, a decrease of 89.2% from the December 31st total of 93 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,813 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 5,813 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Frontier Asset Opportunistic Credit ETF Stock Performance
Shares of NYSEARCA FOPC traded down $0.02 during mid-day trading on Wednesday, reaching $25.61. The company had a trading volume of 2,195 shares, compared to its average volume of 3,972. The company has a 50-day moving average price of $25.77 and a two-hundred day moving average price of $25.77. Frontier Asset Opportunistic Credit ETF has a 1-year low of $24.78 and a 1-year high of $26.09.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. lifted its position in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Free Report) by 1.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 534,470 shares of the company’s stock after acquiring an additional 9,586 shares during the quarter. JPMorgan Chase & Co. owned approximately 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 as of its most recent filing with the SEC.
About Frontier Asset Opportunistic Credit ETF
The Frontier Asset Opportunistic Credit ETF (FOPC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold fixed income securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks to provide high income consistent with capital preservation. FOPC was launched on Dec 19, 2024 and is issued by Frontier.
Further Reading
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