FPA Short Duration Government ETF (BATS:FPAS) Short Interest Up 211.0% in August

FPA Short Duration Government ETF (BATS:FPAS) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 12,075 shares, a growth of 211.0% from the July 30th total of 3,883 shares. Based on an average daily trading volume, of 97 shares, the days-to-cover ratio is currently 124.5 days. Approximately 9.7% of the company’s shares are sold short.

FPA Short Duration Government ETF Price Performance

FPA Short Duration Government ETF stock opened at $24.50 on Friday. The firm has a 50-day moving average of $24.58 and a two-hundred day moving average of $24.84. FPA Short Duration Government ETF has a 1 year low of $24.42 and a 1 year high of $25.64.

FPA Short Duration Government ETF Company Profile

The FPA Short Duration Government ETF (FPAS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years. FPAS was launched on Oct 31, 2024 and is issued by FPA.