Short Interest in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Decreases By 89.2%

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 10 shares, a decline of 89.2% from the December 31st total of 93 shares. Based on an average daily volume of 5,813 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,813 shares, the short-interest ratio is presently 0.0 days.

Frontier Asset Opportunistic Credit ETF Price Performance

Shares of FOPC traded up $0.03 during mid-day trading on Thursday, hitting $25.64. 1,748 shares of the company’s stock were exchanged, compared to its average volume of 3,850. The business’s 50 day moving average is $25.77 and its two-hundred day moving average is $25.77. Frontier Asset Opportunistic Credit ETF has a fifty-two week low of $24.78 and a fifty-two week high of $26.09.

Institutional Investors Weigh In On Frontier Asset Opportunistic Credit ETF

An institutional investor recently raised its position in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. raised its position in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 534,470 shares of the company’s stock after purchasing an additional 9,586 shares during the period. JPMorgan Chase & Co. owned about 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 at the end of the most recent reporting period.

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.