The Free Markets ETF (NYSEARCA:FMKT) Stock Short Interest Report for October

The Free Markets ETF (NYSEARCA:FMKT) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 689 shares, a drop of 36.0% from the September 30th total of 1,077 shares. Based on an average trading volume of 3,710 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Free Markets ETF Stock Up 0.1%

FMKT opened at $21.18 on Wednesday. Free Markets ETF has a 52-week low of $19.55 and a 52-week high of $23.17. The company has a 50 day moving average of $21.95 and a two-hundred day moving average of $21.91. The company has a market cap of $9.95 million, a P/E ratio of 27.82 and a beta of 0.99.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Free Markets ETF stock. Main Street Group LTD acquired a new stake in shares of The Free Markets ETF (NYSEARCA:FMKT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,261 shares of the company’s stock, valued at approximately $47,000. Main Street Group LTD owned approximately 0.34% of Free Markets ETF as of its most recent SEC filing.

About Free Markets ETF

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.