Freedom Day Dividend ETF (NYSEARCA:MBOX) Shares Shorted: Short Interest Up 271.6% in September

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 721 shares, an increase of 271.6% from the September 15th total of 194 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,838 shares, the short-interest ratio is presently 0.3 days.

Freedom Day Dividend ETF Stock Performance

Freedom Day Dividend ETF stock traded up $0.04 during trading on Friday, reaching $41.03. The company had a trading volume of 4,364 shares, compared to its average volume of 4,033. Freedom Day Dividend ETF has a 12-month low of $33.99 and a 12-month high of $43.10. The firm has a market capitalization of $149.35 million, a price-to-earnings ratio of 16.38 and a beta of 0.78. The stock’s 50 day moving average price is $41.84 and its two-hundred day moving average price is $40.14.

Freedom Day Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.1717 dividend. This is a boost from Freedom Day Dividend ETF’s previous quarterly dividend of $0.1654. The ex-dividend date of this dividend was Monday, September 28th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.7%.

About Freedom Day Dividend ETF

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.