Short Interest in MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Drops By 78.7%

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 750 shares, a drop of 78.7% from the November 30th total of 3,527 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 23,397 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 23,397 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

MarketDesk Focused U.S. Momentum ETF Price Performance

NASDAQ FMTM traded up $0.03 during mid-day trading on Friday, reaching $32.91. The stock had a trading volume of 1,917 shares, compared to its average volume of 11,399. The stock has a market cap of $35.87 million, a PE ratio of 29.38 and a beta of 2.07. MarketDesk Focused U.S. Momentum ETF has a 1 year low of $22.96 and a 1 year high of $32.93. The company has a fifty day moving average price of $31.53 and a 200 day moving average price of $29.05.

MarketDesk Focused U.S. Momentum ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.0952 dividend. The ex-dividend date was Tuesday, December 23rd.

About MarketDesk Focused U.S. Momentum ETF

EA Series Trust – MarketDesk Focused U.S. Momentum ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Marketdesk Indices LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio.