Short Interest in FPA Short Duration Government ETF (BATS:FPAS) Rises By 78.2%

FPA Short Duration Government ETF (BATS:FPAS) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 2,548 shares, an increase of 78.2% from the June 30th total of 1,430 shares. Based on an average daily volume of 3,784 shares, the short-interest ratio is presently 0.7 days. Currently, 2.0% of the company’s stock are sold short.

FPA Short Duration Government ETF Price Performance

BATS FPAS opened at $24.51 on Thursday. The company has a fifty day simple moving average of $24.66 and a 200 day simple moving average of $24.93. FPA Short Duration Government ETF has a 12-month low of $24.42 and a 12-month high of $25.64.

About FPA Short Duration Government ETF

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.