Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Update

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

Institutional Inflows and Outflows

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 third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 (SEC).

Freedom Day Dividend ETF Stock Performance

NYSEARCA MBOX opened at $42.82 on Friday. The firm has a 50-day moving average of $41.46 and a 200-day moving average of $39.36. The stock has a market cap of $152.87 million, a PE ratio of 16.38 and a beta of 0.78. Freedom Day Dividend ETF has a 52-week low of $33.99 and a 52-week high of $43.10.

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.