Freedom 100 Emerging Markets ETF (BATS:FRDM) Short Interest Down 36.3% in July

Freedom 100 Emerging Markets ETF (BATS:FRDM) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 77,495 shares, a decline of 36.3% from the July 15th total of 121,694 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 353,203 shares, the days-to-cover ratio is presently 0.2 days.

Freedom 100 Emerging Markets ETF Trading Up 1.5%

Freedom 100 Emerging Markets ETF stock opened at $67.39 on Thursday. Freedom 100 Emerging Markets ETF has a 12 month low of $41.02 and a 12 month high of $76.90. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The business’s fifty day simple moving average is $68.65 and its two-hundred day simple moving average is $64.20.

Hedge Funds Weigh In On Freedom 100 Emerging Markets ETF

Hedge funds have recently bought and sold shares of the company. Strive Financial Group LLC purchased a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter valued at about $28,000. Clarity Asset Management Inc. purchased a new position in Freedom 100 Emerging Markets ETF in the fourth quarter worth about $36,000. Abound Wealth Management bought a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter worth approximately $36,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after buying an additional 483 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Freedom 100 Emerging Markets ETF by 231.3% in the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after buying an additional 502 shares in the last quarter.

About Freedom 100 Emerging Markets ETF

The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.