Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Sees Large Growth in Short Interest
by Renee Jackson · The Cerbat GemFrontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 380 shares, a growth of 117.1% from the November 30th total of 175 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,646 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 1,646 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
Frontier Asset Opportunistic Credit ETF Trading Up 0.1%
Shares of FOPC stock traded up $0.02 during trading hours on Friday, hitting $25.98. 1,666 shares of the company’s stock were exchanged, compared to its average volume of 4,159. Frontier Asset Opportunistic Credit ETF has a fifty-two week low of $24.60 and a fifty-two week high of $26.09. The firm has a 50 day moving average of $25.89 and a two-hundred day moving average of $25.75.
Institutional Trading of Frontier Asset Opportunistic Credit ETF
An institutional investor recently raised its position in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. lifted its stake in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Free Report) by 1.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 534,470 shares of the company’s stock after purchasing an additional 9,586 shares during the period. JPMorgan Chase & Co. owned about 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 as of its most recent filing with the Securities & Exchange Commission.
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.