Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) Shares Shorted: Short Interest Up 259.7% in September

Frontier Asset Global Small Cap Equity ETF (NYSEARCA:FGSM) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 5,852 shares, a growth of 259.7% from the September 15th total of 1,627 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 3,755 shares, the short-interest ratio is currently 1.6 days.

Frontier Asset Global Small Cap Equity ETF Stock Up 0.5%

FGSM stock traded up $0.17 during trading on Friday, reaching $34.34. 2,103 shares of the stock were exchanged, compared to its average volume of 6,877. Frontier Asset Global Small Cap Equity ETF has a twelve month low of $28.15 and a twelve month high of $36.25. The stock has a 50 day simple moving average of $35.28 and a 200-day simple moving average of $34.29.

Frontier Asset Global Small Cap Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.0525 per share. This is a drop from Frontier Asset Global Small Cap Equity ETF’s previous quarterly dividend of $0.1903. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 29th.

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.