Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Short Interest Update

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,755 shares, a growth of 1,724.5% from the June 15th total of 151 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,734 shares, the days-to-cover ratio is presently 1.0 days.

Frontier Asset Opportunistic Credit ETF Stock Performance

Shares of FOPC traded down $0.02 during midday trading on Friday, hitting $25.25. 2,746 shares of the stock traded hands, compared to its average volume of 3,019. The business’s 50 day moving average price is $25.48 and its two-hundred day moving average price is $25.58. Frontier Asset Opportunistic Credit ETF has a 1-year low of $25.23 and a 1-year high of $26.20.

Institutional Inflows and Outflows

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