Frontier Asset Core Bond ETF (NYSEARCA:FCBD) Shares Shorted: Short Interest Down 89.9% in October

Frontier Asset Core Bond ETF (NYSEARCA:FCBD) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 385 shares, a drop of 89.9% from the September 30th total of 3,827 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 5,404 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Frontier Asset Core Bond ETF

A hedge fund recently raised its stake in Frontier Asset Core Bond ETF stock. Frontier Asset Management LLC grew its stake in shares of Frontier Asset Core Bond ETF (NYSEARCA:FCBD) by 8.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 336,184 shares of the company’s stock after purchasing an additional 25,274 shares during the period. Frontier Asset Core Bond ETF makes up 1.8% of Frontier Asset Management LLC’s investment portfolio, making the stock its 19th biggest holding. Frontier Asset Management LLC owned about 21.01% of Frontier Asset Core Bond ETF worth $8,524,000 as of its most recent filing with the Securities and Exchange Commission.

Frontier Asset Core Bond ETF Price Performance

Shares of NYSEARCA:FCBD traded up $0.01 during mid-day trading on Monday, reaching $24.84. 331 shares of the company’s stock were exchanged, compared to its average volume of 4,915. Frontier Asset Core Bond ETF has a twelve month low of $24.10 and a twelve month high of $25.90. The business’s fifty day moving average price is $24.92 and its 200-day moving average price is $25.18.

Frontier Asset Core Bond ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were issued a $0.2322 dividend. The ex-dividend date was Tuesday, September 29th. This is a drop from Frontier Asset Core Bond ETF’s previous quarterly dividend of $0.2433. This represents a $0.93 annualized dividend and a yield of 3.7%.

Frontier Asset Core Bond ETF Company Profile

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.