Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Shares Shorted: Short Interest Up 259.7% in September

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 5,852 shares, a growth of 259.7% from the September 15th total of 1,627 shares. Based on an average daily volume of 3,755 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the shares of the company are short sold.

Frontier Asset Global Small Cap Equity ETF Stock Performance

Shares of FGSM traded down $0.07 during mid-day trading on Monday, reaching $34.27. 2,275 shares of the company’s stock traded hands, compared to its average volume of 6,853. The business’s 50-day moving average price is $35.28 and its 200-day moving average price is $34.32. Frontier Asset Global Small Cap Equity ETF has a 12 month low of $28.15 and a 12 month high of $36.25.

Frontier Asset Global Small Cap Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were given a $0.0525 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $0.21 annualized dividend and a yield of 0.6%. This is a decrease from Frontier Asset Global Small Cap Equity ETF’s previous quarterly dividend of $0.1903.

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.