Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Short Interest Climbs 271.6%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 721 shares, an increase of 271.6% from the September 15th total of 194 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,838 shares, the short-interest ratio is currently 0.3 days.

Freedom Day Dividend ETF Price Performance

Shares of MBOX traded up $0.05 during mid-day trading on Tuesday, reaching $41.29. The company’s stock had a trading volume of 796 shares, compared to its average volume of 4,021. Freedom Day Dividend ETF has a 12-month low of $33.99 and a 12-month high of $43.10. The stock has a market cap of $150.29 million, a PE ratio of 16.38 and a beta of 0.78. The company’s 50 day moving average is $41.83 and its 200 day moving average is $40.20.

Freedom Day Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.1717 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 1.7%. This is a positive change from Freedom Day Dividend ETF’s previous quarterly dividend of $0.1654. The ex-dividend date of this dividend was Monday, September 28th.

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.