Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Short Interest Jumps 272.8%

Freedom Day Dividend ETF (NYSEARCA:MBOX) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,688 shares, an increase of 272.8% from the September 30th total of 721 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,356 shares, the short-interest ratio is currently 0.5 days.

Freedom Day Dividend ETF Stock Down 0.1%

NYSEARCA:MBOX traded down $0.04 during trading hours on Wednesday, hitting $42.36. 4,494 shares of the company traded hands, compared to its average volume of 4,066. The company has a market cap of $155.46 million, a PE ratio of 16.38 and a beta of 0.78. The firm’s 50-day simple moving average is $41.73 and its 200-day simple moving average is $39.54. Freedom Day Dividend ETF has a one year low of $33.99 and a one year high of $43.10.

Freedom Day Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.1717 per share. The ex-dividend date of this dividend was Monday, September 28th. This is an increase from Freedom Day Dividend ETF’s previous quarterly dividend of $0.1654. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.6%.

Freedom Day Dividend ETF Company Profile

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.