Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Short Interest Rises 156.3%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 6,889 shares, an increase of 156.3% from the October 15th total of 2,688 shares. Based on an average trading volume of 3,864 shares, the short-interest ratio is presently 1.8 days. Approximately 0.2% of the company’s shares are sold short.

Freedom Day Dividend ETF Stock Performance

Shares of MBOX stock traded up $0.00 during mid-day trading on Friday, hitting $42.92. The company’s stock had a trading volume of 2,081 shares, compared to its average volume of 4,038. The company’s fifty day simple moving average is $41.71 and its 200-day simple moving average is $39.91. Freedom Day Dividend ETF has a 52 week low of $33.99 and a 52 week high of $43.38. The company has a market cap of $157.53 million, a PE ratio of 18.23 and a beta of 0.77.

Freedom Day Dividend ETF Increases Dividend

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