Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Shares Shorted: Short Interest Down 98.9% in October

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 59 shares, a drop of 98.9% from the October 15th total of 5,299 shares. Based on an average daily volume of 1,011 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Frontier Asset Opportunistic Credit ETF Trading Down 0.5%

Shares of NYSEARCA:FOPC traded down $0.12 during trading on Thursday, reaching $24.57. The company had a trading volume of 1,987 shares, compared to its average volume of 4,699. The stock’s fifty day moving average price is $24.69 and its 200 day moving average price is $25.28. Frontier Asset Opportunistic Credit ETF has a fifty-two week low of $24.25 and a fifty-two week high of $26.20.

Frontier Asset Opportunistic Credit ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were given a $0.3020 dividend. This is a positive change from Frontier Asset Opportunistic Credit ETF’s previous quarterly dividend of $0.2665. The ex-dividend date was Tuesday, September 29th. This represents a $1.21 dividend on an annualized basis and a yield of 4.9%.

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.