Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Sees Significant Drop in Short Interest

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 93 shares, a drop of 75.5% from the December 15th total of 380 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,001 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 10,001 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Frontier Asset Opportunistic Credit ETF Price Performance

Shares of FOPC stock traded up $0.02 on Tuesday, hitting $25.62. The stock had a trading volume of 2,468 shares, compared to its average volume of 7,021. Frontier Asset Opportunistic Credit ETF has a twelve month low of $24.78 and a twelve month high of $26.09. The company has a fifty day moving average price of $25.83 and a two-hundred day moving average price of $25.76.

Institutional Investors Weigh In On Frontier Asset Opportunistic Credit ETF

An institutional investor recently raised its position in Frontier Asset Opportunistic Credit ETF stock. JPMorgan Chase & Co. increased its holdings in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,470 shares of the company’s stock after purchasing an additional 9,586 shares during the period. 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.

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.