Frontier Asset Core Bond ETF (NYSEARCA:FCBD) Sees Significant Increase in Short Interest

Frontier Asset Core Bond ETF (NYSEARCA:FCBD) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 41,099 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 8,468 shares, the days-to-cover ratio is presently 4.9 days.

Frontier Asset Core Bond ETF Stock Down 0.2%

FCBD stock traded down $0.05 during midday trading on Wednesday, reaching $25.21. The company had a trading volume of 293 shares, compared to its average volume of 6,000. Frontier Asset Core Bond ETF has a 1-year low of $25.11 and a 1-year high of $26.39. The stock has a 50 day moving average price of $25.40 and a 200-day moving average price of $25.52.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Frontier Asset Management LLC raised its position in Frontier Asset Core Bond ETF by 8.1% during the first quarter. Frontier Asset Management LLC now owns 336,184 shares of the company’s stock valued at $8,524,000 after purchasing an additional 25,274 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Frontier Asset Core Bond ETF during the 4th quarter worth $49,000. JPMorgan Chase & Co. boosted its stake in Frontier Asset Core Bond ETF by 3.9% in the fourth quarter. JPMorgan Chase & Co. now owns 822,893 shares of the company’s stock valued at $20,980,000 after buying an additional 31,221 shares in the last quarter. Citadel Advisors LLC boosted its stake in Frontier Asset Core Bond ETF by 6.5% in the third quarter. Citadel Advisors LLC now owns 27,711 shares of the company’s stock valued at $709,000 after buying an additional 1,689 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Frontier Asset Core Bond ETF by 281.4% in the second quarter. Jane Street Group LLC now owns 59,239 shares of the company’s stock valued at $1,507,000 after acquiring an additional 43,705 shares during the last quarter.

About Frontier Asset Core Bond ETF

The Frontier Asset Core Bond ETF (FCBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold US investment grade bonds of any maturity. The fund seeks to provide high income consistent with capital preservation. FCBD was launched on Dec 19, 2024 and is issued by Frontier.