Short Interest in FPA Short Duration Government ETF (BATS:FPAS) Decreases By 53.2%

FPA Short Duration Government ETF (BATS:FPAS) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 399 shares, a decline of 53.2% from the May 14th total of 853 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 460 shares, the days-to-cover ratio is presently 0.9 days.

FPA Short Duration Government ETF Stock Performance

BATS:FPAS traded down $0.01 during midday trading on Monday, hitting $24.75. 3,440 shares of the company traded hands, compared to its average volume of 3,098. The firm’s fifty day moving average is $24.85 and its 200-day moving average is $25.09. FPA Short Duration Government ETF has a 12-month low of $24.57 and a 12-month high of $25.64.

About FPA Short Duration Government ETF

The FPA Short Duration Government ETF (FPAS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years. FPAS was launched on Oct 31, 2024 and is issued by FPA.