Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Up 299.1% in July

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,999 shares, a growth of 299.1% from the July 15th total of 1,002 shares. Based on an average daily trading volume, of 7,291 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Freedom Day Dividend ETF

An institutional investor recently bought a new stake in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,056 shares of the company’s stock, valued at approximately $108,000. JPMorgan Chase & Co. owned approximately 0.09% of Freedom Day Dividend ETF as of its most recent filing with the Securities and Exchange Commission.

Freedom Day Dividend ETF Stock Down 0.2%

Shares of NYSEARCA MBOX traded down $0.09 during trading on Friday, reaching $43.00. The company had a trading volume of 2,862 shares, compared to its average volume of 4,170. Freedom Day Dividend ETF has a 12-month low of $33.99 and a 12-month high of $43.10. The business’s 50-day moving average is $40.86 and its 200 day moving average is $38.93. The stock has a market cap of $153.51 million, a PE ratio of 16.38 and a beta of 0.78.

Freedom Day Dividend ETF Company Profile

The Freedom Day Dividend ETF (MBOX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks dividend growth by selecting US-listed companies the advisor believes to have the greatest potential to provide rising dividends over time. MBOX was launched on May 5, 2021 and is managed by Alpha Architect.