Freedom Day Dividend ETF (NYSEARCA:MBOX) Sees Significant Decline in Short Interest

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 246 shares, a decrease of 51.6% from the May 31st total of 508 shares. Based on an average trading volume of 2,804 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Freedom Day Dividend ETF Trading Up 0.3%

NYSEARCA:MBOX traded up $0.13 during trading hours on Thursday, reaching $40.16. 283 shares of the company traded hands, compared to its average volume of 3,790. Freedom Day Dividend ETF has a 1 year low of $33.05 and a 1 year high of $40.67. The business’s 50-day moving average price is $39.39 and its two-hundred day moving average price is $37.71. The stock has a market capitalization of $142.57 million, a P/E ratio of 16.38 and a beta of 0.78.

Hedge Funds Weigh In On Freedom Day Dividend ETF

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

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.