Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Short Interest Down 96.3% in March

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 94 shares, a drop of 96.3% from the February 26th total of 2,517 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,413 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Frontier Asset Opportunistic Credit ETF

A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. grew its position in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 553,813 shares of the company’s stock after acquiring an additional 19,343 shares during the quarter. JPMorgan Chase & Co. owned about 40.72% of Frontier Asset Opportunistic Credit ETF worth $14,153,000 at the end of the most recent quarter.

Frontier Asset Opportunistic Credit ETF Trading Down 0.5%

Shares of FOPC stock traded down $0.13 on Thursday, reaching $25.37. 1,400 shares of the stock were exchanged, compared to its average volume of 3,714. The firm has a 50 day moving average of $25.68 and a two-hundred day moving average of $25.79. Frontier Asset Opportunistic Credit ETF has a 1-year low of $24.78 and a 1-year high of $26.20.

Frontier Asset Opportunistic Credit ETF Company Profile

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.