Formidable ETF (BATS:FORH – Get Free Report) shares shot up 1.3% during trading on Friday. The company traded as high as $24.16 and last traded at $24.16. Approximately 4,802 shares traded hands during trading, an increase of 566% from the average daily volume of 721 shares. The stock had previously closed at $23.86.
Formidable ETF Trading Up 1.3%
The stock has a market capitalization of $19.33 million, a PE ratio of 17.10 and a beta of 0.56. The firm has a 50-day moving average price of $24.51 and a 200-day moving average price of $24.64.
About Formidable ETF
The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.
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