Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Down 60.0% in July

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,002 shares, a drop of 60.0% from the June 30th total of 2,503 shares. Based on an average daily trading volume, of 4,490 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Freedom Day Dividend ETF Trading Up 0.8%

MBOX stock traded up $0.34 during trading on Tuesday, reaching $42.05. 9,876 shares of the stock were exchanged, compared to its average volume of 4,149. Freedom Day Dividend ETF has a twelve month low of $33.05 and a twelve month high of $42.10. The company has a market capitalization of $150.12 million, a P/E ratio of 16.38 and a beta of 0.78. The stock has a 50 day simple moving average of $40.26 and a 200-day simple moving average of $38.45.

Institutional Trading of Freedom Day Dividend ETF

An institutional investor 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 its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,056 shares of the company’s stock, valued at approximately $108,000. JPMorgan Chase & Co. owned approximately 0.09% of Freedom Day Dividend ETF at the end of the most recent quarter.

Freedom Day Dividend ETF Company Profile

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.