Freedom 100 Emerging Markets ETF (BATS:FRDM – Get Free Report) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 31,239 shares, a decrease of 59.7% from the July 30th total of 77,495 shares. Based on an average daily volume of 217,403 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Freedom 100 Emerging Markets ETF Stock Performance
Shares of FRDM opened at $68.60 on Friday. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a one year low of $41.02 and a one year high of $76.90. The stock’s fifty day moving average is $67.96 and its 200-day moving average is $64.66.
Hedge Funds Weigh In On Freedom 100 Emerging Markets ETF
Several large investors have recently bought and sold shares of the stock. Strive Financial Group LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 4th quarter worth $28,000. Clarity Asset Management Inc. acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the fourth quarter valued at $36,000. Abound Wealth Management bought a new position in Freedom 100 Emerging Markets ETF during the second quarter valued at about $36,000. Steward Partners Investment Advisory LLC boosted its stake in Freedom 100 Emerging Markets ETF by 207.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 483 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 231.3% during the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after acquiring an additional 502 shares during the period.
About Freedom 100 Emerging Markets ETF
The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.
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