Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Sees Significant Decrease in Short Interest
by Amy Steele · The Cerbat GemFrontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM – Get Free Report) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 387 shares, a drop of 68.3% from the November 30th total of 1,222 shares. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Frontier Asset Global Small Cap Equity ETF stock. JPMorgan Chase & Co. increased its stake in shares of Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM – Free Report) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 973,548 shares of the company’s stock after acquiring an additional 6,253 shares during the quarter. JPMorgan Chase & Co. owned about 47.26% of Frontier Asset Global Small Cap Equity ETF worth $28,510,000 at the end of the most recent quarter.
Frontier Asset Global Small Cap Equity ETF Stock Performance
NYSEARCA:FGSM traded down $0.04 during trading hours on Friday, hitting $30.75. The company’s stock had a trading volume of 1,919 shares, compared to its average volume of 8,762. The stock has a fifty day moving average of $29.71 and a 200-day moving average of $28.71. Frontier Asset Global Small Cap Equity ETF has a 52-week low of $21.43 and a 52-week high of $30.80.
Frontier Asset Global Small Cap Equity ETF Company Profile
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.