Frontier Asset Absolute Return ETF (NYSEARCA:FARX – Get Free Report) was the target of a large 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,159 shares, the days-to-cover ratio is currently 0.0 days.
Frontier Asset Absolute Return ETF Price Performance
NYSEARCA:FARX traded up $0.07 on Friday, reaching $30.13. The stock had a trading volume of 2,794 shares, compared to its average volume of 2,157. Frontier Asset Absolute Return ETF has a 1-year low of $26.40 and a 1-year high of $30.33. The stock has a fifty day moving average price of $29.80 and a 200-day moving average price of $29.23.
Frontier Asset Absolute Return ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 29th were paid a $0.0959 dividend. 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. The ex-dividend date was Tuesday, September 29th.
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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