FPA Short Duration Government ETF (BATS:FPAS) Short Interest Down 55.6% in May

FPA Short Duration Government ETF (BATS:FPAS) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 853 shares, a decline of 55.6% from the April 30th total of 1,922 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 338 shares, the short-interest ratio is currently 2.5 days.

FPA Short Duration Government ETF Price Performance

FPA Short Duration Government ETF stock opened at $24.73 on Tuesday. FPA Short Duration Government ETF has a fifty-two week low of $24.57 and a fifty-two week high of $25.64. The firm has a fifty day moving average price of $24.89 and a two-hundred day moving average price of $25.13.

FPA Short Duration Government ETF Company Profile

The FPA Short Duration Government ETF (FPAS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years. FPAS was launched on Oct 31, 2024 and is issued by FPA.