Short Interest in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Rises By 619.0%

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a significant increase in short interest in 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,821 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Frontier Asset Opportunistic Credit ETF

A hedge fund recently raised its stake in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. lifted its position in Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 534,470 shares of the company’s stock after buying an additional 9,586 shares during the quarter. JPMorgan Chase & Co. owned approximately 40.19% of Frontier Asset Opportunistic Credit ETF worth $13,736,000 at the end of the most recent quarter.

Frontier Asset Opportunistic Credit ETF Trading Up 0.1%

NYSEARCA:FOPC opened at $25.65 on Friday. The business’s fifty day moving average is $25.53 and its 200 day moving average is $25.62. Frontier Asset Opportunistic Credit ETF has a 52-week low of $25.27 and a 52-week high of $26.20.

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.