Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Get Free Report) saw a significant growth in short interest in 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. Based on an average daily volume of 2,734 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. raised its position in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Free Report) by 1.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 534,470 shares of the company’s stock after acquiring 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 at the end of the most recent quarter.
Frontier Asset Opportunistic Credit ETF Price Performance
Shares of NYSEARCA FOPC traded down $0.02 on Friday, reaching $25.25. 2,746 shares of the company’s stock traded hands, compared to its average volume of 3,019. The business’s 50 day simple moving average is $25.48 and its two-hundred day simple moving average is $25.58. Frontier Asset Opportunistic Credit ETF has a 12 month low of $25.23 and a 12 month high of $26.20.
About Frontier Asset Opportunistic Credit ETF
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.
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