The Free Markets ETF (NYSEARCA:FMKT) Short Interest Update

The Free Markets ETF (NYSEARCA:FMKT) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 447 shares. Based on an average daily volume of 747 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Free Markets ETF

Hedge funds have recently made changes to their positions in the company. Main Street Group LTD bought a new position in shares of Free Markets ETF during the 1st quarter worth $47,000. Osbon Capital Management LLC bought a new stake in Free Markets ETF in the 4th quarter valued at about $88,000. Finally, Stegent Equity Advisors Inc. raised its stake in Free Markets ETF by 23.7% in the 1st quarter. Stegent Equity Advisors Inc. now owns 64,631 shares of the company’s stock valued at $1,331,000 after acquiring an additional 12,387 shares during the period.

Free Markets ETF Stock Performance

FMKT opened at $21.81 on Wednesday. Free Markets ETF has a fifty-two week low of $19.55 and a fifty-two week high of $24.88. The firm has a 50-day moving average of $22.36 and a 200 day moving average of $21.96. The firm has a market cap of $11.34 million, a P/E ratio of 27.82 and a beta of 0.97.

About Free Markets ETF

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.