Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Short Interest Update

Frontier Asset Absolute Return ETF (NYSEARCA:FARXGet Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 3 shares, a decline of 97.1% from the August 15th total of 104 shares. Based on an average daily trading volume, of 724 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. grew its stake in shares of Frontier Asset Absolute Return ETF (NYSEARCA:FARXFree Report) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 228,205 shares of the company’s stock after purchasing an additional 6,901 shares during the quarter. JPMorgan Chase & Co. owned about 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 at the end of the most recent quarter.

Frontier Asset Absolute Return ETF Trading Up 0.4%

Shares of Frontier Asset Absolute Return ETF stock traded up $0.12 during trading hours on Thursday, reaching $30.06. 81,532 shares of the company’s stock were exchanged, compared to its average volume of 1,912. The company has a 50 day moving average of $29.38 and a two-hundred day moving average of $29.01. Frontier Asset Absolute Return ETF has a fifty-two week low of $26.30 and a fifty-two week high of $30.06.

Frontier Asset Absolute Return ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a dividend of $0.1158 per share. The ex-dividend date was Monday, June 29th. This is a boost from Frontier Asset Absolute Return ETF’s previous quarterly dividend of $0.06. This represents a $0.46 annualized dividend and a yield of 1.5%.

Frontier Asset Absolute Return ETF Company Profile

(Get Free Report)

The Frontier Asset Absolute Return ETF (FARX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund seeks to achieve long-term total return through an actively managed fund-of-funds that utilizes an absolute return approach. The portfolio generally holds 6 to 20 underlying ETFs across multiple asset classes. FARX was launched on Dec 19, 2024 and is issued by Frontier.

Further Reading

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