Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Sees Large Increase in Short Interest
by Teresa Graham · The Cerbat GemFrontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM – Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,027 shares, an increase of 3,339.8% from the March 15th total of 88 shares. Based on an average daily volume of 3,730 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short.
Frontier Asset Global Small Cap Equity ETF Trading Down 0.2%
NYSEARCA FGSM traded down $0.05 on Friday, hitting $32.65. The company’s stock had a trading volume of 2,436 shares, compared to its average volume of 8,526. Frontier Asset Global Small Cap Equity ETF has a 52-week low of $22.59 and a 52-week high of $33.50. The company’s 50-day simple moving average is $32.03 and its 200 day simple moving average is $30.75.
Institutional Trading of Frontier Asset Global Small Cap Equity ETF
A hedge fund recently raised its stake in Frontier Asset Global Small Cap Equity ETF stock. JPMorgan Chase & Co. raised its stake in shares of Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM – Free Report) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 973,548 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. JPMorgan Chase & Co. owned approximately 47.26% of Frontier Asset Global Small Cap Equity ETF worth $28,510,000 at the end of the most recent reporting period.
About Frontier Asset Global Small Cap Equity ETF
The Frontier Asset Global Small Cap Equity ETF (FGSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of funds with exposure to small-cap global companies. The portfolio will typically comprise of 6 to 12 ETFs. FGSM was launched on Dec 19, 2024 and is issued by Frontier.