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

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 137 shares, a drop of 44.3% from the December 15th total of 246 shares. Based on an average trading volume of 4,396 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,396 shares, the days-to-cover ratio is presently 0.0 days.

Freedom Day Dividend ETF Trading Down 0.2%

NYSEARCA:MBOX traded down $0.07 during trading hours on Friday, reaching $36.70. 2,982 shares of the company were exchanged, compared to its average volume of 3,207. The firm has a market cap of $127.72 million, a PE ratio of 16.38 and a beta of 0.82. Freedom Day Dividend ETF has a twelve month low of $29.03 and a twelve month high of $36.83. The stock’s 50-day moving average is $35.32 and its 200-day moving average is $34.81.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. acquired a new position in Freedom Day Dividend ETF (NYSEARCA:MBOX) during the 3rd quarter, according to its most recent 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 about 0.09% of Freedom Day Dividend ETF at the end of the most recent quarter.

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.