Short Interest in FPA Short Duration Government ETF (BATS:FPAS) Rises By 211.0%

FPA Short Duration Government ETF (BATS:FPAS) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 12,075 shares, a growth of 211.0% from the July 30th total of 3,883 shares. Based on an average trading volume of 97 shares, the days-to-cover ratio is presently 124.5 days. Currently, 9.7% of the shares of the company are sold short.

FPA Short Duration Government ETF Stock Performance

FPAS traded down $0.01 during trading on Thursday, reaching $24.50. 87 shares of the company were exchanged, compared to its average volume of 3,087. FPA Short Duration Government ETF has a 12-month low of $24.42 and a 12-month high of $25.64. The company’s 50-day moving average is $24.58 and its two-hundred day moving average is $24.84.

FPA Short Duration Government ETF Company Profile

The FPA Short Duration Government ETF (FPAS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years. FPAS was launched on Oct 31, 2024 and is issued by FPA.