FPA Short Duration Government ETF (BATS:FPAS) Short Interest Up 21,117.8% in June

FPA Short Duration Government ETF (BATS:FPAS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 84,659 shares, a growth of 21,117.8% from the May 31st total of 399 shares. Based on an average daily trading volume, of 16,872 shares, the days-to-cover ratio is presently 5.0 days. Approximately 67.7% of the company’s stock are short sold.

FPA Short Duration Government ETF Stock Up 0.0%

FPAS stock traded up $0.01 on Thursday, hitting $24.74. 34 shares of the company’s stock were exchanged, compared to its average volume of 3,667. The firm has a 50 day moving average price of $24.80 and a two-hundred day moving average price of $25.05. FPA Short Duration Government ETF has a 12-month low of $24.57 and a 12-month high of $25.64.

FPA Short Duration Government ETF Company Profile

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.