Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Sees Large Growth in Short Interest

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 5,852 shares, a growth of 259.7% from the September 15th total of 1,627 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 3,755 shares, the days-to-cover ratio is presently 1.6 days.

Frontier Asset Global Small Cap Equity ETF Trading Down 0.1%

FGSM traded down $0.04 during trading hours on Tuesday, hitting $34.23. The stock had a trading volume of 2,275 shares, compared to its average volume of 6,853. The company’s fifty day simple moving average is $35.26 and its 200 day simple moving average is $34.34. Frontier Asset Global Small Cap Equity ETF has a 1 year low of $28.15 and a 1 year high of $36.25.

Frontier Asset Global Small Cap Equity ETF Cuts Dividend

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

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.