Frontier Asset Absolute Return ETF (NYSEARCA:FARX – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 81 shares, a drop of 97.3% from the September 15th total of 2,980 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,159 shares, the days-to-cover ratio is currently 0.0 days.
Frontier Asset Absolute Return ETF Stock Performance
FARX stock traded up $0.07 during trading hours on Friday, hitting $30.13. The company’s stock had a trading volume of 2,794 shares, compared to its average volume of 2,157. Frontier Asset Absolute Return ETF has a 12 month low of $26.40 and a 12 month high of $30.33. The stock has a 50 day moving average price of $29.80 and a two-hundred day moving average price of $29.23.
Frontier Asset Absolute Return ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.0959 per share. The ex-dividend date was Tuesday, September 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.3%. This is a decrease from Frontier Asset Absolute Return ETF’s previous quarterly dividend of $0.1158.
Institutional Investors Weigh In On Frontier Asset Absolute Return ETF
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.
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