Short Interest in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Increases By 4,030.0%

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 413 shares, a growth of 4,030.0% from the January 15th total of 10 shares. Based on an average daily volume of 1,688 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,688 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Frontier Asset Opportunistic Credit ETF

A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. grew its stake in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 534,470 shares of the company’s stock after buying an additional 9,586 shares during the period. JPMorgan Chase & Co. owned approximately 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 as of its most recent SEC filing.

Frontier Asset Opportunistic Credit ETF Price Performance

FOPC traded up $0.06 during midday trading on Tuesday, hitting $25.74. 3,377 shares of the company’s stock traded hands, compared to its average volume of 3,232. The stock’s fifty day simple moving average is $25.73 and its 200-day simple moving average is $25.78. Frontier Asset Opportunistic Credit ETF has a one year low of $24.78 and a one year high of $26.20.

Frontier Asset Opportunistic Credit ETF Company Profile

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.