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

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3 shares, a decrease of 97.1% from the August 15th total of 104 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 724 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Frontier Asset Absolute Return ETF

A hedge fund recently raised its stake in Frontier Asset Absolute Return ETF stock. JPMorgan Chase & Co. boosted its holdings in Frontier Asset Absolute Return ETF (NYSEARCA:FARX) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 228,205 shares of the company’s stock after acquiring an additional 6,901 shares during the quarter. JPMorgan Chase & Co. owned about 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 Stock Up 0.0%

Shares of NYSEARCA:FARX traded up $0.01 during midday trading on Friday, hitting $30.07. The stock had a trading volume of 3,226 shares, compared to its average volume of 1,919. The stock has a 50 day moving average price of $29.41 and a two-hundred day moving average price of $29.01. Frontier Asset Absolute Return ETF has a 1 year low of $26.34 and a 1 year high of $30.07.

Frontier Asset Absolute Return ETF Increases Dividend

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

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.