Next Frontier Internet ETF (NYSEARCA:FMQQ) Sees Significant Increase in Short Interest

Next Frontier Internet ETF (NYSEARCA:FMQQ) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 146 shares. Based on an average daily volume of 17,466 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Next Frontier Internet ETF Trading Down 1.6%

Shares of NYSEARCA:FMQQ traded down $0.20 on Wednesday, hitting $12.35. The company had a trading volume of 56,609 shares, compared to its average volume of 9,978. The stock has a market cap of $20.01 million, a price-to-earnings ratio of 21.89 and a beta of 1.07. The stock has a 50 day moving average price of $12.57 and a 200 day moving average price of $12.05. Next Frontier Internet ETF has a 1-year low of $10.78 and a 1-year high of $15.15.

About Next Frontier Internet ETF

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.