Freedom Day Dividend ETF (NYSEARCA:MBOX) Shares Shorted: Short Interest Down 97.0% in September

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 194 shares, a decrease of 97.0% from the August 31st total of 6,528 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,412 shares, the short-interest ratio is currently 0.1 days.

Freedom Day Dividend ETF Stock Down 0.5%

MBOX traded down $0.19 on Thursday, reaching $40.44. 561 shares of the company traded hands, compared to its average volume of 4,041. Freedom Day Dividend ETF has a one year low of $33.99 and a one year high of $43.10. The firm has a fifty day simple moving average of $42.04 and a two-hundred day simple moving average of $39.88. The company has a market cap of $147.20 million, a P/E ratio of 16.38 and a beta of 0.78.

Freedom Day Dividend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a dividend of $0.1654 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.6%. This is a drop from Freedom Day Dividend ETF’s previous quarterly dividend of $0.2415. The ex-dividend date of this dividend was Monday, June 29th.

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.