Formidable ETF (NYSEARCA:FORH) Trading Down 1.3% – Should You Sell?

Formidable ETF (NYSEARCA:FORH)’s share price was down 1.3% during trading on Thursday . The company traded as low as $24.45 and last traded at $24.45. Approximately 14 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 967 shares. The stock had previously closed at $24.78.

Formidable ETF Trading Up 2.6%

The business has a fifty day moving average of $24.96 and a 200-day moving average of $24.71. The firm has a market cap of $20.57 million, a PE ratio of 17.10 and a beta of 0.56.

Formidable ETF Dividend Announcement

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

About Formidable ETF

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.