Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 21 shares, a drop of 92.7% from the May 14th total of 289 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,359 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Frontier Asset Opportunistic Credit ETF
A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. increased its holdings in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC – Free Report) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 553,813 shares of the company’s stock after purchasing an additional 19,343 shares during the quarter. JPMorgan Chase & Co. owned 40.72% of Frontier Asset Opportunistic Credit ETF worth $14,153,000 as of its most recent filing with the Securities & Exchange Commission.
Frontier Asset Opportunistic Credit ETF Price Performance
NYSEARCA:FOPC traded up $0.11 during trading hours on Thursday, reaching $25.58. The company’s stock had a trading volume of 1,398 shares, compared to its average volume of 2,995. The firm has a 50-day simple moving average of $25.51 and a 200-day simple moving average of $25.65. Frontier Asset Opportunistic Credit ETF has a 1 year low of $25.27 and a 1 year high of $26.20.
About Frontier Asset Opportunistic Credit ETF
The Frontier Asset Opportunistic Credit ETF (FOPC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold fixed income securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks to provide high income consistent with capital preservation. FOPC was launched on Dec 19, 2024 and is issued by Frontier.
Recommended Stories
- Five stocks we like better than Frontier Asset Opportunistic Credit ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for Frontier Asset Opportunistic Credit ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Asset Opportunistic Credit ETF and related companies with MarketBeat.com's FREE daily email newsletter.
