Frontier Asset Core Bond ETF (NYSEARCA:FCBD) Sees Significant Growth in Short Interest

Frontier Asset Core Bond ETF (NYSEARCA:FCBD) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,827 shares, a growth of 95,575.0% from the September 15th total of 4 shares. Based on an average daily volume of 5,560 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

Frontier Asset Core Bond ETF Price Performance

FCBD stock opened at $24.64 on Friday. The business’s 50-day moving average is $25.02 and its two-hundred day moving average is $25.23. Frontier Asset Core Bond ETF has a 1 year low of $24.10 and a 1 year high of $25.90.

Frontier Asset Core Bond ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were paid a dividend of $0.2322 per share. The ex-dividend date was Tuesday, September 29th. This is a negative change from Frontier Asset Core Bond ETF’s previous quarterly dividend of $0.2433. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Frontier Asset Core Bond ETF stock. Frontier Asset Management LLC boosted its position in shares of Frontier Asset Core Bond ETF (NYSEARCA:FCBD) by 8.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 336,184 shares of the company’s stock after acquiring an additional 25,274 shares during the period. Frontier Asset Core Bond ETF comprises 1.8% of Frontier Asset Management LLC’s investment portfolio, making the stock its 19th biggest holding. Frontier Asset Management LLC owned about 21.01% of Frontier Asset Core Bond ETF worth $8,524,000 at the end of the most recent reporting period.

Frontier Asset Core Bond ETF Company Profile

The Frontier Asset Core Bond ETF (FCBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold US investment grade bonds of any maturity. The fund seeks to provide high income consistent with capital preservation. FCBD was launched on Dec 19, 2024 and is issued by Frontier.