Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Shares Shorted: Short Interest Up 120.2% in September

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,627 shares, a growth of 120.2% from the August 31st total of 739 shares. Based on an average daily trading volume, of 10,760 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Frontier Asset Global Small Cap Equity ETF Stock Performance

FGSM traded down $0.15 on Tuesday, hitting $34.31. The company had a trading volume of 4,863 shares, compared to its average volume of 7,119. The stock has a fifty day simple moving average of $35.32 and a 200-day simple moving average of $34.12. Frontier Asset Global Small Cap Equity ETF has a 52-week low of $28.15 and a 52-week high of $36.25.

Frontier Asset Global Small Cap Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th will be given a dividend of $0.0525 per share. This is a drop from Frontier Asset Global Small Cap Equity ETF’s previous quarterly dividend of $0.1903. This represents a $0.21 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 29th.

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.