Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Sees Large Drop in Short Interest

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 3,242 shares, a decline of 49.5% from the May 14th total of 6,419 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 1,305 shares, the days-to-cover ratio is presently 2.5 days.

Hedge Funds Weigh In On Frontier Asset Global Small Cap Equity ETF

A hedge fund recently raised its stake in Frontier Asset Global Small Cap Equity ETF stock. JPMorgan Chase & Co. increased its stake in Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) by 0.6% during the third quarter, according to its most recent filing with the SEC. The fund owned 973,548 shares of the company’s stock after buying an additional 6,253 shares during the quarter. JPMorgan Chase & Co. owned 47.26% of Frontier Asset Global Small Cap Equity ETF worth $28,510,000 at the end of the most recent quarter.

Frontier Asset Global Small Cap Equity ETF Stock Performance

Shares of FGSM stock opened at $34.83 on Friday. The firm has a fifty day simple moving average of $33.61 and a two-hundred day simple moving average of $32.17. Frontier Asset Global Small Cap Equity ETF has a 12 month low of $26.27 and a 12 month high of $34.91.

About Frontier Asset Global Small Cap Equity ETF

The Frontier Asset Global Small Cap Equity ETF (FGSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of funds with exposure to small-cap global companies. The portfolio will typically comprise of 6 to 12 ETFs. FGSM was launched on Dec 19, 2024 and is issued by Frontier.