Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Sees Large Increase in Short Interest

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,755 shares, a growth of 1,724.5% from the June 15th total of 151 shares. Based on an average daily volume of 2,734 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Frontier Asset Opportunistic Credit ETF Stock Down 0.1%

NYSEARCA:FOPC traded down $0.02 during mid-day trading on Friday, reaching $25.25. The stock had a trading volume of 2,746 shares, compared to its average volume of 3,019. Frontier Asset Opportunistic Credit ETF has a 1-year low of $25.23 and a 1-year high of $26.20. The stock’s 50 day simple moving average is $25.48 and its two-hundred day simple moving average is $25.58.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. grew its position in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 534,470 shares of the company’s stock after acquiring an additional 9,586 shares during the quarter. JPMorgan Chase & Co. owned approximately 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 as of its most recent filing with the Securities and Exchange Commission.

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.