Next Frontier Internet ETF (NYSEARCA:FMQQ) Short Interest Update

Next Frontier Internet ETF (NYSEARCA:FMQQ) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 308 shares, a growth of 126.5% from the July 30th total of 136 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,788 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Next Frontier Internet ETF

An institutional investor recently raised its stake in Next Frontier Internet ETF stock. Jane Street Group LLC lifted its position in Next Frontier Internet ETF (NYSEARCA:FMQQ) by 132.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,503 shares of the company’s stock after acquiring an additional 26,482 shares during the quarter. Jane Street Group LLC owned approximately 2.18% of Next Frontier Internet ETF worth $586,000 at the end of the most recent reporting period.

Next Frontier Internet ETF Price Performance

Shares of FMQQ stock traded down $0.04 during trading hours on Friday, reaching $12.77. The company had a trading volume of 1,400 shares, compared to its average volume of 8,827. Next Frontier Internet ETF has a 12 month low of $10.78 and a 12 month high of $15.84. The business has a fifty day simple moving average of $12.34 and a 200-day simple moving average of $12.01. The company has a market cap of $21.33 million, a price-to-earnings ratio of 21.89 and a beta of 1.07.

About Next Frontier Internet ETF

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.