Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) Shares Shorted: Short Interest Down 40.3% in September

Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 615 shares, a decrease of 40.3% from the September 15th total of 1,030 shares. Based on an average daily volume of 3,956 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Frontier Asset Opportunistic Credit ETF Price Performance

NYSEARCA:FOPC opened at $24.43 on Thursday. Frontier Asset Opportunistic Credit ETF has a 1 year low of $24.25 and a 1 year high of $26.20. The business has a fifty day moving average of $24.92 and a 200-day moving average of $25.25.

Frontier Asset Opportunistic Credit ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 29th were issued a $0.3020 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This is an increase from Frontier Asset Opportunistic Credit ETF’s previous quarterly dividend of $0.2665. This represents a $1.21 annualized dividend and a yield of 4.9%.

Frontier Asset Opportunistic Credit ETF Company Profile

The Frontier Asset Opportunistic Credit ETF (FOPC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold fixed income securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks to provide high income consistent with capital preservation. FOPC was launched on Dec 19, 2024 and is issued by Frontier.