Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Sees Large Decrease in Short Interest

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 94 shares, a decrease of 96.3% from the February 26th total of 2,517 shares. Based on an average daily trading volume, of 6,413 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,413 shares, the short-interest ratio is currently 0.0 days.

Frontier Asset Opportunistic Credit ETF Stock Performance

Frontier Asset Opportunistic Credit ETF stock traded up $0.08 during mid-day trading on Wednesday, hitting $25.50. 5,687 shares of the company’s stock were exchanged, compared to its average volume of 3,731. The company’s 50 day simple moving average is $25.68 and its 200-day simple moving average is $25.79. Frontier Asset Opportunistic Credit ETF has a fifty-two week low of $24.78 and a fifty-two week high of $26.20.

Hedge Funds Weigh In On Frontier Asset Opportunistic Credit ETF

An institutional investor recently raised its position in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. grew its stake in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 534,470 shares of the company’s stock after purchasing 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 SEC filing.

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.