Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Shares Shorted: Short Interest Down 40.3% in September

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 615 shares, a decline of 40.3% from the September 15th total of 1,030 shares. Based on an average trading volume of 3,956 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Frontier Asset Opportunistic Credit ETF Stock Up 0.5%

FOPC stock traded up $0.11 during trading on Friday, hitting $24.54. 244 shares of the company traded hands, compared to its average volume of 2,859. Frontier Asset Opportunistic Credit ETF has a 1 year low of $24.25 and a 1 year high of $26.20. The stock’s 50-day simple moving average is $24.91 and its 200 day simple moving average is $25.25.

Frontier Asset Opportunistic Credit ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 29th were paid a $0.3020 dividend. This is a boost from Frontier Asset Opportunistic Credit ETF’s previous quarterly dividend of $0.2665. This represents a $1.21 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 29th.

About Frontier Asset Opportunistic Credit ETF

The Frontier Asset Opportunistic Credit ETF (FOPC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold fixed income securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks to provide high income consistent with capital preservation. FOPC was launched on Dec 19, 2024 and is issued by Frontier.