Short Interest in Freedom Day Dividend ETF (NYSEARCA:MBOX) Declines By 44.3%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 137 shares, a drop of 44.3% from the December 15th total of 246 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,396 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 4,396 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Freedom Day Dividend ETF Trading Down 0.2%

Shares of MBOX stock traded down $0.07 during mid-day trading on Friday, reaching $36.70. The stock had a trading volume of 2,982 shares, compared to its average volume of 3,207. Freedom Day Dividend ETF has a 1-year low of $29.03 and a 1-year high of $36.83. The firm has a market cap of $127.72 million, a price-to-earnings ratio of 16.38 and a beta of 0.82. The business’s fifty day moving average is $35.32 and its 200-day moving average is $34.81.

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. acquired a new position in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 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 & Exchange Commission.

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.