Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Short Interest Climbs 271.6%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 721 shares, a growth of 271.6% from the September 15th total of 194 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,838 shares, the days-to-cover ratio is presently 0.3 days.

Freedom Day Dividend ETF Price Performance

Shares of NYSEARCA MBOX traded up $0.04 during midday trading on Friday, reaching $41.03. 4,364 shares of the stock were exchanged, compared to its average volume of 4,033. The company has a market capitalization of $149.35 million, a price-to-earnings ratio of 16.38 and a beta of 0.78. The business has a 50-day simple moving average of $41.84 and a two-hundred day simple moving average of $40.14. Freedom Day Dividend ETF has a 12 month low of $33.99 and a 12 month high of $43.10.

Freedom Day Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.1717 dividend. This represents a $0.69 annualized dividend and a dividend yield of 1.7%. This is a boost from Freedom Day Dividend ETF’s previous quarterly dividend of $0.1654. The ex-dividend date was Monday, September 28th.

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.