Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Short Interest Up 619.0% in June

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 151 shares, an increase of 619.0% from the May 31st total of 21 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,821 shares, the short-interest ratio is presently 0.1 days.

Frontier Asset Opportunistic Credit ETF Stock Up 0.1%

Shares of FOPC opened at $25.65 on Friday. Frontier Asset Opportunistic Credit ETF has a 1-year low of $25.27 and a 1-year high of $26.20. The firm’s 50 day simple moving average is $25.53 and its 200 day simple moving average is $25.62.

Hedge Funds Weigh In On Frontier Asset Opportunistic Credit ETF

An institutional investor recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. lifted its stake in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 553,813 shares of the company’s stock after acquiring an additional 19,343 shares during the period. JPMorgan Chase & Co. owned approximately 40.72% of Frontier Asset Opportunistic Credit ETF worth $14,153,000 as of its most recent SEC filing.

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.