Frontier Asset Absolute Return ETF (NYSEARCA:FARX – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 119 shares, a decline of 46.2% from the July 15th total of 221 shares. Based on an average daily trading volume, of 463 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.
Frontier Asset Absolute Return ETF Price Performance
NYSEARCA:FARX traded up $0.21 on Monday, reaching $29.85. 489 shares of the company’s stock were exchanged, compared to its average volume of 1,526. The stock has a fifty day simple moving average of $29.05 and a 200-day simple moving average of $28.79. Frontier Asset Absolute Return ETF has a 52 week low of $25.54 and a 52 week high of $29.85.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. lifted its stake in Frontier Asset Absolute Return ETF (NYSEARCA:FARX – Free Report) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 228,205 shares of the company’s stock after buying an additional 6,901 shares during the period. JPMorgan Chase & Co. owned approximately 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 as of its most recent SEC filing.
Frontier Asset Absolute Return ETF Company Profile
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.
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