Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Down 52.4% in May

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 508 shares, a drop of 52.4% from the May 14th total of 1,067 shares. Based on an average daily volume of 2,080 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Freedom Day Dividend ETF

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

MBOX stock traded down $0.07 during midday trading on Monday, reaching $40.46. 4,338 shares of the company’s stock traded hands, compared to its average volume of 3,650. The company has a 50-day simple moving average of $38.77 and a two-hundred day simple moving average of $37.32. Freedom Day Dividend ETF has a 1-year low of $33.05 and a 1-year high of $40.67. The company has a market cap of $142.42 million, a price-to-earnings ratio of 16.38 and a beta of 0.78.

About Freedom Day Dividend ETF

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.