Freedom Day Dividend ETF (NYSEARCA:MBOX) Shares Shorted: Short Interest Down 97.0% in September

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 194 shares, a drop of 97.0% from the August 31st total of 6,528 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,412 shares, the short-interest ratio is presently 0.1 days.

Freedom Day Dividend ETF Price Performance

Shares of MBOX traded down $0.19 during mid-day trading on Thursday, reaching $40.44. 561 shares of the company’s stock traded hands, compared to its average volume of 4,041. The stock has a market cap of $147.20 million, a P/E ratio of 16.38 and a beta of 0.78. The stock’s 50-day moving average is $42.04 and its two-hundred day moving average is $39.88. Freedom Day Dividend ETF has a 12 month low of $33.99 and a 12 month high of $43.10.

Freedom Day Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a dividend of $0.1654 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, June 29th. This is a decrease from Freedom Day Dividend ETF’s previous quarterly dividend of $0.2415.

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.