Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Shares Shorted: Short Interest Up 99,233.3% in September

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 2,980 shares, an increase of 99,233.3% from the August 31st total of 3 shares. Based on an average daily trading volume, of 10,919 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the shares of the stock are sold short.

Frontier Asset Absolute Return ETF Price Performance

FARX stock traded up $0.05 on Thursday, reaching $30.13. The company had a trading volume of 12,829 shares, compared to its average volume of 2,154. The company’s fifty day moving average is $29.58 and its 200 day moving average is $29.11. Frontier Asset Absolute Return ETF has a 1 year low of $26.40 and a 1 year high of $30.33.

Frontier Asset Absolute Return ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given a dividend of $0.1158 per share. This represents a $0.46 annualized dividend and a yield of 1.5%. This is a positive change from Frontier Asset Absolute Return ETF’s previous quarterly dividend of $0.0612. The ex-dividend date of this dividend was Monday, June 29th.

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.