Short Interest in Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Decreases By 97.1%

Frontier Asset Absolute Return ETF (NYSEARCA:FARXGet Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 3 shares, a drop of 97.1% from the August 15th total of 104 shares. Based on an average daily trading volume, of 724 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Frontier Asset Absolute Return ETF Price Performance

FARX traded up $0.12 during trading on Thursday, reaching $30.06. 81,532 shares of the stock were exchanged, compared to its average volume of 1,912. The stock’s 50 day moving average price is $29.38 and its two-hundred day moving average price is $29.01. Frontier Asset Absolute Return ETF has a twelve month low of $26.30 and a twelve month high of $30.06.

Frontier Asset Absolute Return ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were given a $0.1158 dividend. This is a boost from Frontier Asset Absolute Return ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Investors Weigh In On Frontier Asset Absolute Return ETF

A hedge fund recently raised its position in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. increased its holdings in shares of Frontier Asset Absolute Return ETF (NYSEARCA:FARXFree Report) by 3.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 228,205 shares of the company’s stock after purchasing an additional 6,901 shares during the period. JPMorgan Chase & Co. owned 53.07% of Frontier Asset Absolute Return ETF worth $6,055,000 as of its most recent filing with the SEC.

Frontier Asset Absolute Return ETF Company Profile

(Get Free Report)

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.

Further Reading

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