Freedom Day Dividend ETF (NYSEARCA:MBOX) Sees Large Increase in Short Interest

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

Freedom Day Dividend ETF Trading Up 0.3%

Freedom Day Dividend ETF stock opened at $43.05 on Thursday. 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 simple moving average is $41.34 and its 200-day simple moving average is $39.30. The company has a market capitalization of $153.69 million, a P/E ratio of 16.38 and a beta of 0.78.

Institutional Trading of Freedom Day Dividend ETF

A hedge fund recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. acquired a new position in Freedom Day Dividend ETF (NYSEARCA:MBOX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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.

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.