MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Short Interest Update

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,186 shares, an increase of 118.6% from the December 31st total of 2,372 shares. Based on an average daily trading volume, of 40,874 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 40,874 shares, the days-to-cover ratio is currently 0.1 days.

MarketDesk Focused U.S. Momentum ETF Stock Down 1.5%

FMTM traded down $0.54 during trading on Friday, hitting $35.65. 4,370 shares of the company’s stock were exchanged, compared to its average volume of 37,531. MarketDesk Focused U.S. Momentum ETF has a fifty-two week low of $22.96 and a fifty-two week high of $36.55. The stock has a market cap of $60.25 million, a P/E ratio of 29.38 and a beta of 2.07. The business’s 50 day moving average is $33.11 and its two-hundred day moving average is $30.41.

MarketDesk Focused U.S. Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.0952 per share. The ex-dividend date was Tuesday, December 23rd.

About MarketDesk Focused U.S. Momentum ETF

EA Series Trust – MarketDesk Focused U.S. Momentum ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Marketdesk Indices LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio.