Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Short Interest Update

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 119 shares, a drop of 46.2% from the July 15th total of 221 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 463 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. grew its stake in shares of Frontier Asset Absolute Return ETF (NYSEARCA:FARX) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,205 shares of the company’s stock after purchasing an additional 6,901 shares during the quarter. JPMorgan Chase & Co. owned approximately 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 at the end of the most recent quarter.

Frontier Asset Absolute Return ETF Price Performance

Shares of Frontier Asset Absolute Return ETF stock traded down $0.25 during trading on Tuesday, reaching $29.60. The company’s stock had a trading volume of 1,835 shares, compared to its average volume of 1,528. Frontier Asset Absolute Return ETF has a 52-week low of $25.54 and a 52-week high of $29.85. The firm’s 50-day moving average is $29.05 and its two-hundred day moving average is $28.79.

About Frontier Asset Absolute Return ETF

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.