MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Sees Large Growth in Short Interest

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 21,615 shares, a growth of 391.1% from the January 29th total of 4,401 shares. Based on an average daily volume of 41,071 shares, the short-interest ratio is presently 0.5 days. Currently, 1.2% of the company’s stock are short sold. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 41,071 shares, the short-interest ratio is presently 0.5 days.

MarketDesk Focused U.S. Momentum ETF Trading Down 0.3%

NASDAQ FMTM opened at $37.19 on Friday. The stock has a 50 day moving average of $35.04 and a 200-day moving average of $31.79. MarketDesk Focused U.S. Momentum ETF has a 12 month low of $22.96 and a 12 month high of $37.67. The company has a market cap of $65.45 million, a PE ratio of 29.38 and a beta of 2.07.

MarketDesk Focused U.S. Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.0952 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

About MarketDesk Focused U.S. Momentum ETF

EA Series Trust – MarketDesk Focused U.S. Momentum ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Marketdesk Indices LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio.