Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Up 917.5% in June

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 2,503 shares, an increase of 917.5% from the June 15th total of 246 shares. Based on an average trading volume of 5,778 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Freedom Day Dividend ETF

An institutional investor recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. bought a new position in Freedom Day Dividend ETF (NYSEARCA:MBOX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Freedom Day Dividend ETF Price Performance

NYSEARCA:MBOX traded up $0.13 during mid-day trading on Friday, hitting $40.47. 3,796 shares of the company’s stock were exchanged, compared to its average volume of 3,882. Freedom Day Dividend ETF has a one year low of $33.05 and a one year high of $40.67. The business has a fifty day moving average price of $39.68 and a 200 day moving average price of $37.96. The company has a market cap of $146.91 million, a PE ratio of 16.38 and a beta of 0.78.

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.