Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Shares Shorted: Short Interest Down 98.9% in October

by · The Cerbat Gem

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 59 shares, a decline of 98.9% from the October 15th total of 5,299 shares. Based on an average daily volume of 1,011 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Frontier Asset Opportunistic Credit ETF Stock Down 0.6%

Shares of NYSEARCA:FOPC traded down $0.14 on Tuesday, reaching $24.70. 2,286 shares of the company’s stock were exchanged, compared to its average volume of 4,716. Frontier Asset Opportunistic Credit ETF has a fifty-two week low of $24.25 and a fifty-two week high of $26.20. The business’s 50-day moving average is $24.71 and its two-hundred day moving average is $25.29.

Frontier Asset Opportunistic Credit ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were given a dividend of $0.3020 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from Frontier Asset Opportunistic Credit ETF’s previous quarterly dividend of $0.2665.

About Frontier Asset Opportunistic Credit ETF

(Get Free Report)

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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