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

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 9,227 shares, a growth of 163.3% from the February 26th total of 3,505 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 42,762 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 42,762 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the shares of the company are sold short.

MarketDesk Focused U.S. Momentum ETF Stock Performance

FMTM traded up $0.29 during trading on Wednesday, reaching $35.56. The company’s stock had a trading volume of 21,865 shares, compared to its average volume of 37,056. MarketDesk Focused U.S. Momentum ETF has a 52-week low of $22.96 and a 52-week high of $37.78. The company’s fifty day moving average price is $35.66 and its 200-day moving average price is $32.77. The company has a market capitalization of $62.59 million, a price-to-earnings ratio of 29.38 and a beta of 2.07.

MarketDesk Focused U.S. Momentum ETF Company Profile

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.