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) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 5,852 shares, an increase of 259.7% from the September 15th total of 1,627 shares. Based on an average daily trading volume, of 3,755 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.4% of the shares of the stock are sold short.

Frontier Asset Global Small Cap Equity ETF Price Performance

Shares of NYSEARCA:FGSM traded up $0.17 during midday trading on Friday, reaching $34.34. 2,103 shares of the company’s stock were exchanged, compared to its average volume of 6,877. The company’s 50 day simple moving average is $35.28 and its two-hundred day simple moving average is $34.29. Frontier Asset Global Small Cap Equity ETF has a 12 month low of $28.15 and a 12 month high of $36.25.

Frontier Asset Global Small Cap Equity ETF Cuts Dividend

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

Frontier Asset Global Small Cap Equity ETF Company Profile

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.