Short Interest in FPA Short Duration Government ETF (BATS:FPAS) Drops By 35.0%

FPA Short Duration Government ETF (BATS:FPAS) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 7,849 shares, a drop of 35.0% from the August 15th total of 12,075 shares. Currently, 6.3% of the company’s stock are short sold. Based on an average trading volume of 890 shares, the days-to-cover ratio is presently 8.8 days.

FPA Short Duration Government ETF Trading Down 0.1%

BATS FPAS opened at $23.99 on Thursday. FPA Short Duration Government ETF has a 52 week low of $23.99 and a 52 week high of $25.60. The firm has a 50 day moving average of $24.45 and a two-hundred day moving average of $24.73.

About FPA Short Duration Government ETF

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.