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

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 1,002 shares, a decrease of 60.0% from the June 30th total of 2,503 shares. Based on an average daily trading volume, of 4,490 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. purchased 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 & Exchange Commission. The firm purchased 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 reporting period.

Freedom Day Dividend ETF Stock Performance

MBOX stock opened at $41.59 on Monday. The firm has a market cap of $148.48 million, a PE ratio of 16.38 and a beta of 0.78. The company has a fifty day simple moving average of $40.13 and a 200 day simple moving average of $38.36. Freedom Day Dividend ETF has a 1 year low of $33.05 and a 1 year high of $41.60.

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.