The Free Markets ETF (NYSEARCA:FMKT) Short Interest Update

The Free Markets ETF (NYSEARCA:FMKT) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 7,544 shares, a growth of 1,281.7% from the April 15th total of 546 shares. Based on an average daily trading volume, of 9,406 shares, the short-interest ratio is presently 0.8 days. Approximately 1.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Free Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FMKT. Main Street Group LTD purchased a new stake in shares of Free Markets ETF in the first quarter valued at about $47,000. Osbon Capital Management LLC purchased a new stake in shares of Free Markets ETF in the fourth quarter valued at about $88,000. Brookwood Investment Group LLC raised its holdings in shares of Free Markets ETF by 6.5% in the fourth quarter. Brookwood Investment Group LLC now owns 21,879 shares of the company’s stock valued at $472,000 after buying an additional 1,337 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Free Markets ETF in the second quarter valued at about $663,000. Finally, Stegent Equity Advisors Inc. purchased a new stake in shares of Free Markets ETF in the fourth quarter valued at about $1,127,000.

Free Markets ETF Price Performance

Shares of NYSEARCA:FMKT traded down $0.04 on Wednesday, reaching $22.63. The company’s stock had a trading volume of 4,731 shares, compared to its average volume of 6,466. The stock’s 50-day moving average is $21.37 and its two-hundred day moving average is $21.98. Free Markets ETF has a 52-week low of $19.55 and a 52-week high of $24.88. The stock has a market capitalization of $14.94 million, a P/E ratio of 27.82 and a beta of 1.87.

About Free Markets ETF

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.