Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Sees Large Increase in Short Interest

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 962 shares, a growth of 132.9% from the January 29th total of 413 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,859 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 1,859 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Frontier Asset Opportunistic Credit ETF Stock Up 0.2%

NYSEARCA:FOPC traded up $0.04 during trading hours on Friday, reaching $25.92. 484 shares of the company’s stock were exchanged, compared to its average volume of 2,951. Frontier Asset Opportunistic Credit ETF has a 1-year low of $24.78 and a 1-year high of $26.20. The company has a 50-day moving average of $25.71 and a 200 day moving average of $25.80.

Hedge Funds 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 stake in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 553,813 shares of the company’s stock after buying an additional 19,343 shares during the period. JPMorgan Chase & Co. owned about 40.72% of Frontier Asset Opportunistic Credit ETF worth $14,153,000 as of its most recent filing with the Securities and Exchange Commission.

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.