Formidable Fortress ETF (BATS:KONG – Get Free Report) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 21 shares, a drop of 97.2% from the September 30th total of 750 shares. Based on an average daily trading volume, of 1,750 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Formidable Fortress ETF Stock Performance
KONG opened at $32.98 on Wednesday. The company’s 50-day simple moving average is $32.94 and its two-hundred day simple moving average is $31.43. The stock has a market capitalization of $23.09 million, a P/E ratio of 64.67 and a beta of 0.65. Formidable Fortress ETF has a 52-week low of $28.66 and a 52-week high of $33.72.
About Formidable Fortress ETF
The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.
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