The Free Markets ETF (NYSEARCA:FMKT – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,077 shares, an increase of 140.9% from the September 15th total of 447 shares. Based on an average trading volume of 2,097 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are short sold.
Institutional Trading of Free Markets ETF
A number of institutional investors have recently bought and sold shares of the company. Stegent Equity Advisors Inc. increased its stake in shares of Free Markets ETF by 23.7% during the 1st quarter. Stegent Equity Advisors Inc. now owns 64,631 shares of the company’s stock worth $1,331,000 after purchasing an additional 12,387 shares in the last quarter. Osbon Capital Management LLC acquired a new stake in shares of Free Markets ETF during the fourth quarter worth $88,000. Finally, Main Street Group LTD acquired a new stake in shares of Free Markets ETF during the first quarter worth $47,000.
Free Markets ETF Trading Down 2.3%
Shares of FMKT opened at $21.33 on Thursday. The firm has a market capitalization of $10.03 million, a PE ratio of 27.82 and a beta of 1.00. The stock’s 50 day moving average is $22.33 and its two-hundred day moving average is $22.04. Free Markets ETF has a twelve month low of $19.55 and a twelve month high of $24.45.
Free Markets ETF Company Profile
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.
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