The Free Markets ETF (NYSEARCA:FMKT) Short Interest Update

The Free Markets ETF (NYSEARCA:FMKT) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 593 shares, a decrease of 92.1% from the April 30th total of 7,544 shares. Based on an average daily volume of 3,332 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Free Markets ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Main Street Group LTD acquired a new position in Free Markets ETF in the 1st quarter worth about $47,000. Osbon Capital Management LLC acquired a new stake in shares of Free Markets ETF in the fourth quarter valued at about $88,000. Brookwood Investment Group LLC increased its stake in shares of Free Markets ETF by 6.5% in the fourth quarter. Brookwood Investment Group LLC now owns 21,879 shares of the company’s stock valued at $472,000 after buying an additional 1,337 shares during the period. Jane Street Group LLC acquired a new stake in shares of Free Markets ETF in the second quarter valued at about $663,000. Finally, Stegent Equity Advisors Inc. acquired a new stake in shares of Free Markets ETF in the fourth quarter valued at about $1,127,000.

Free Markets ETF Trading Up 0.8%

FMKT traded up $0.19 on Friday, reaching $22.75. The stock had a trading volume of 2,767 shares, compared to its average volume of 6,428. Free Markets ETF has a fifty-two week low of $19.55 and a fifty-two week high of $24.88. The firm has a 50-day moving average of $21.66 and a 200-day moving average of $21.93. The company has a market capitalization of $15.02 million, a price-to-earnings ratio of 27.82 and a beta of 2.19.

Free Markets ETF Company Profile

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.