Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Sees Significant Growth in Short Interest

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 6,419 shares, a growth of 2,844.5% from the April 30th total of 218 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 36,565 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Frontier Asset Global Small Cap Equity ETF

A hedge fund recently raised its stake in Frontier Asset Global Small Cap Equity ETF stock. JPMorgan Chase & Co. grew its stake in Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 973,548 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. JPMorgan Chase & Co. owned approximately 47.26% of Frontier Asset Global Small Cap Equity ETF worth $28,510,000 at the end of the most recent reporting period.

Frontier Asset Global Small Cap Equity ETF Trading Up 0.1%

Shares of NYSEARCA:FGSM traded up $0.02 during midday trading on Friday, hitting $34.55. 135 shares of the company’s stock were exchanged, compared to its average volume of 9,960. Frontier Asset Global Small Cap Equity ETF has a 12 month low of $25.96 and a 12 month high of $34.58. The stock has a 50 day moving average price of $32.85 and a 200-day moving average price of $31.78.

About Frontier Asset Global Small Cap Equity ETF

The Frontier Asset Global Small Cap Equity ETF (FGSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of funds with exposure to small-cap global companies. The portfolio will typically comprise of 6 to 12 ETFs. FGSM was launched on Dec 19, 2024 and is issued by Frontier.