Frontier Asset Core Bond ETF (NYSEARCA:FCBD) Sees Large Drop in Short Interest

Frontier Asset Core Bond ETF (NYSEARCA:FCBD) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 548 shares, a decrease of 50.0% from the November 30th total of 1,097 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,981 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 1,981 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Frontier Asset Core Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in Frontier Asset Core Bond ETF in the first quarter worth approximately $394,000. Envestnet Asset Management Inc. raised its holdings in shares of Frontier Asset Core Bond ETF by 0.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 449,071 shares of the company’s stock valued at $11,492,000 after purchasing an additional 3,906 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Frontier Asset Core Bond ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 791,672 shares of the company’s stock valued at $20,259,000 after purchasing an additional 18,109 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in Frontier Asset Core Bond ETF by 6.5% in the third quarter. Citadel Advisors LLC now owns 27,711 shares of the company’s stock worth $709,000 after purchasing an additional 1,689 shares in the last quarter.

Frontier Asset Core Bond ETF Stock Performance

Shares of NYSEARCA FCBD traded up $0.02 during trading on Friday, reaching $25.88. The company had a trading volume of 3,470 shares, compared to its average volume of 7,082. Frontier Asset Core Bond ETF has a twelve month low of $24.71 and a twelve month high of $26.39. The stock has a 50-day moving average price of $25.79 and a two-hundred day moving average price of $25.67.

Frontier Asset Core Bond ETF Company Profile

The Frontier Asset Core Bond ETF (FCBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold US investment grade bonds of any maturity. The fund seeks to provide high income consistent with capital preservation. FCBD was launched on Dec 19, 2024 and is issued by Frontier.