Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Sees Significant Decline in Short Interest

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 119 shares, a decrease of 46.2% from the July 15th total of 221 shares. Based on an average trading volume of 463 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Frontier Asset Absolute Return ETF

An institutional investor recently raised its stake in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. lifted its stake in shares of Frontier Asset Absolute Return ETF (NYSEARCA:FARX) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 228,205 shares of the company’s stock after buying an additional 6,901 shares during the quarter. JPMorgan Chase & Co. owned 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 as of its most recent filing with the SEC.

Frontier Asset Absolute Return ETF Stock Performance

NYSEARCA:FARX opened at $29.60 on Wednesday. The firm’s fifty day simple moving average is $29.07 and its 200 day simple moving average is $28.80. Frontier Asset Absolute Return ETF has a twelve month low of $25.54 and a twelve month high of $29.85.

Frontier Asset Absolute Return ETF Company Profile

The Frontier Asset Absolute Return ETF (FARX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund seeks to achieve long-term total return through an actively managed fund-of-funds that utilizes an absolute return approach. The portfolio generally holds 6 to 20 underlying ETFs across multiple asset classes. FARX was launched on Dec 19, 2024 and is issued by Frontier.