Freedom Day Dividend ETF (NYSEARCA:MBOX) Sees Large Increase in Short Interest

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 13,536 shares, an increase of 238.5% from the July 30th total of 3,999 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 4,554 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Investors Weigh In On Freedom Day Dividend ETF

A hedge fund recently bought a new position in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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 SEC filing.

Freedom Day Dividend ETF Trading Up 0.3%

Shares of MBOX stock opened at $43.05 on Thursday. The company has a market capitalization of $153.69 million, a price-to-earnings ratio of 16.38 and a beta of 0.78. The firm has a 50-day moving average price of $41.34 and a 200 day moving average price of $39.30. Freedom Day Dividend ETF has a twelve month low of $33.99 and a twelve month high of $43.10.

Freedom Day Dividend ETF Company Profile

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.