Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Up 144.1% in March

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 2,583 shares, a growth of 144.1% from the February 26th total of 1,058 shares. Based on an average daily trading volume, of 3,434 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the company’s stock are sold short.

Freedom Day Dividend ETF Stock Performance

NYSEARCA:MBOX traded down $0.33 during trading hours on Friday, hitting $36.51. 2,852 shares of the company’s stock traded hands, compared to its average volume of 3,952. The stock’s fifty day moving average price is $37.29 and its two-hundred day moving average price is $35.90. The firm has a market cap of $127.42 million, a P/E 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 $38.40.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Freedom Day Dividend ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,056 shares of the company’s stock, valued at approximately $108,000. JPMorgan Chase & Co. owned approximately 0.09% of Freedom Day Dividend ETF as of its most recent SEC filing.

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.