Formidable ETF (NYSEARCA:FORH) Shares Down 1.3% – Here’s What Happened

Shares of Formidable ETF (NYSEARCA:FORHGet Free Report) fell 1.3% during trading on Thursday . The company traded as low as $24.45 and last traded at $24.45. 14 shares were traded during mid-day trading, a decline of 99% from the average session volume of 967 shares. The stock had previously closed at $24.78.

Formidable ETF Stock Up 2.6%

The stock has a market capitalization of $20.57 million, a price-to-earnings ratio of 17.10 and a beta of 0.56. The business’s 50 day simple moving average is $24.96 and its 200-day simple moving average is $24.71.

Formidable ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.4394 dividend. This represents a yield of 176.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

About Formidable ETF

(Get Free Report)

The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.

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