Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Update

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 13,536 shares, a growth of 238.5% from the July 30th total of 3,999 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 4,554 shares, the short-interest ratio is presently 3.0 days.

Hedge Funds Weigh In On Freedom Day Dividend ETF

An institutional investor recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. purchased a new position in Freedom Day Dividend ETF (NYSEARCA:MBOX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,056 shares of the company’s stock, valued at approximately $108,000. JPMorgan Chase & Co. owned about 0.09% of Freedom Day Dividend ETF at the end of the most recent quarter.

Freedom Day Dividend ETF Stock Performance

Shares of NYSEARCA MBOX traded down $0.16 during midday trading on Friday, hitting $42.89. The company’s stock had a trading volume of 256 shares, compared to its average volume of 4,155. Freedom Day Dividend ETF has a 1-year low of $33.99 and a 1-year high of $43.10. The firm’s fifty day moving average price is $41.40 and its 200-day moving average price is $39.34. The firm has a market cap of $153.12 million, a P/E 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.