Formidable Fortress ETF (BATS:KONG) Sees Significant Decrease in Short Interest

Formidable Fortress ETF (BATS:KONG) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 21 shares, a decline of 97.2% from the September 30th total of 750 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,750 shares, the short-interest ratio is presently 0.0 days.

Formidable Fortress ETF Stock Up 0.6%

Shares of KONG stock opened at $32.93 on Tuesday. The stock has a market cap of $23.05 million, a P/E ratio of 64.57 and a beta of 0.65. Formidable Fortress ETF has a 52 week low of $28.66 and a 52 week high of $33.72. The company’s fifty day simple moving average is $32.94 and its two-hundred day simple moving average is $31.42.

Formidable Fortress ETF Company Profile

The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.