Short Interest in Freedom Day Dividend ETF (NYSEARCA:MBOX) Drops By 41.2%

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 549 shares, a decrease of 41.2% from the April 15th total of 934 shares. Based on an average daily volume of 3,110 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Freedom Day Dividend ETF

An institutional investor recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. bought a new stake in Freedom Day Dividend ETF (NYSEARCA:MBOX) during the third quarter, according to its most recent 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 about 0.09% of Freedom Day Dividend ETF as of its most recent SEC filing.

Freedom Day Dividend ETF Trading Down 0.4%

NYSEARCA MBOX traded down $0.15 during mid-day trading on Tuesday, hitting $38.68. The company’s stock had a trading volume of 1,023 shares, compared to its average volume of 3,900. The firm has a market capitalization of $136.15 million, a price-to-earnings ratio of 16.38 and a beta of 0.79. The company’s 50 day simple moving average is $37.56 and its 200 day simple moving average is $36.58. Freedom Day Dividend ETF has a twelve month low of $32.33 and a twelve month high of $39.06.

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.