Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Update

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 246 shares, a drop of 51.6% from the May 31st total of 508 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,804 shares, the days-to-cover ratio is currently 0.1 days.

Freedom Day Dividend ETF Trading Up 0.6%

Shares of MBOX stock traded up $0.23 during trading hours on Tuesday, reaching $40.17. 5,285 shares of the company’s stock were exchanged, compared to its average volume of 3,818. Freedom Day Dividend ETF has a 1 year low of $33.05 and a 1 year high of $40.67. The stock has a market cap of $141.40 million, a PE ratio of 16.38 and a beta of 0.78. The stock’s fifty day moving average price is $39.31 and its two-hundred day moving average price is $37.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,056 shares of the company’s stock, valued at approximately $108,000. JPMorgan Chase & Co. owned 0.09% of Freedom Day Dividend ETF as of its most recent filing with the Securities and 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.