Short Interest in FPA Short Duration Government ETF (BATS:FPAS) Rises By 277.6%

FPA Short Duration Government ETF (BATS:FPAS) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 1,922 shares, an increase of 277.6% from the April 15th total of 509 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 950 shares, the days-to-cover ratio is currently 2.0 days.

FPA Short Duration Government ETF Price Performance

FPAS opened at $24.75 on Friday. The business has a fifty day simple moving average of $25.00 and a 200-day simple moving average of $25.19. FPA Short Duration Government ETF has a fifty-two week low of $24.75 and a fifty-two week 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.