FPA Short Duration Government ETF (BATS:FPAS) Short Interest Update

FPA Short Duration Government ETF (BATS:FPAS) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,849 shares, a drop of 35.0% from the August 15th total of 12,075 shares. Based on an average daily volume of 890 shares, the days-to-cover ratio is presently 8.8 days. Currently, 6.3% of the company’s stock are short sold.

FPA Short Duration Government ETF Stock Performance

Shares of FPAS stock opened at $24.06 on Friday. The firm has a fifty day simple moving average of $24.44 and a two-hundred day simple moving average of $24.72. FPA Short Duration Government ETF has a 12 month low of $23.99 and a 12 month high of $25.60.

About FPA Short Duration Government ETF

The FPA Short Duration Government ETF (FPAS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years. FPAS was launched on Oct 31, 2024 and is issued by FPA.