Short Interest in Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Declines By 46.2%

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 119 shares, a decline of 46.2% from the July 15th total of 221 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 463 shares, the days-to-cover ratio is currently 0.3 days.

Frontier Asset Absolute Return ETF Trading Up 0.7%

Shares of FARX stock traded up $0.21 on Monday, hitting $29.85. The company had a trading volume of 489 shares, compared to its average volume of 1,526. The stock’s 50-day moving average is $29.05 and its two-hundred day moving average is $28.79. Frontier Asset Absolute Return ETF has a twelve month low of $25.54 and a twelve month high of $29.85.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. lifted its holdings in shares of Frontier Asset Absolute Return ETF (NYSEARCA:FARX) by 3.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 228,205 shares of the company’s stock after acquiring an additional 6,901 shares during the period. JPMorgan Chase & Co. owned approximately 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 at the end of the most recent reporting period.

Frontier Asset Absolute Return ETF Company Profile

The Frontier Asset Absolute Return ETF (FARX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund seeks to achieve long-term total return through an actively managed fund-of-funds that utilizes an absolute return approach. The portfolio generally holds 6 to 20 underlying ETFs across multiple asset classes. FARX was launched on Dec 19, 2024 and is issued by Frontier.