Frontier Asset Absolute Return ETF (NYSEARCA:FARX) Stock Short Interest Jumps 99,233.3%

Frontier Asset Absolute Return ETF (NYSEARCA:FARX) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,980 shares, an increase of 99,233.3% from the August 31st total of 3 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 10,919 shares, the days-to-cover ratio is presently 0.3 days.

Frontier Asset Absolute Return ETF Stock Performance

NYSEARCA:FARX opened at $30.13 on Friday. Frontier Asset Absolute Return ETF has a 52 week low of $26.40 and a 52 week high of $30.33. The stock’s fifty day moving average is $29.60 and its two-hundred day moving average is $29.12.

About Frontier Asset Absolute Return ETF

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.