Frontier Asset Core Bond ETF (NYSEARCA:FCBD) Sees Large Drop in Short Interest

Frontier Asset Core Bond ETF (NYSEARCA:FCBD) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 9 shares, a drop of 100.0% from the June 15th total of 41,099 shares. Based on an average daily trading volume, of 2,017 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Frontier Asset Core Bond ETF

Several institutional investors have recently added to or reduced their stakes in FCBD. Kestra Advisory Services LLC acquired a new stake in shares of Frontier Asset Core Bond ETF during the 4th quarter worth approximately $49,000. Jane Street Group LLC bought a new stake in shares of Frontier Asset Core Bond ETF in the 1st quarter valued at $394,000. Citadel Advisors LLC lifted its position in shares of Frontier Asset Core Bond ETF by 6.5% during the 3rd quarter. Citadel Advisors LLC now owns 27,711 shares of the company’s stock valued at $709,000 after acquiring an additional 1,689 shares during the period. Frontier Asset Management LLC lifted its position in shares of Frontier Asset Core Bond ETF by 8.1% during the 1st quarter. Frontier Asset Management LLC now owns 336,184 shares of the company’s stock valued at $8,524,000 after acquiring an additional 25,274 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Frontier Asset Core Bond ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 791,672 shares of the company’s stock worth $20,259,000 after acquiring an additional 18,109 shares in the last quarter.

Frontier Asset Core Bond ETF Stock Performance

Shares of FCBD stock traded down $0.02 during mid-day trading on Friday, hitting $25.19. The company’s stock had a trading volume of 2,426 shares, compared to its average volume of 5,949. The company’s fifty day simple moving average is $25.37 and its 200-day simple moving average is $25.49. Frontier Asset Core Bond ETF has a 52 week low of $25.11 and a 52 week high of $26.39.

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.