Short Interest in Freedom Day Dividend ETF (NYSEARCA:MBOX) Decreases By 25.0%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 900 shares, a decrease of 25.0% from the May 15th total of 1,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Freedom Day Dividend ETF stock. Ethos Financial Group LLC increased its position in shares of Freedom Day Dividend ETF (NYSEARCA:MBOX) by 11.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,981 shares of the company’s stock after purchasing an additional 6,317 shares during the period. Ethos Financial Group LLC owned 1.92% of Freedom Day Dividend ETF worth $1,968,000 at the end of the most recent quarter.

Freedom Day Dividend ETF Trading Down 0.5%

Freedom Day Dividend ETF stock opened at $33.17 on Wednesday. The stock has a market cap of $123.06 million, a price-to-earnings ratio of 16.64 and a beta of 0.84. The company’s 50-day moving average price is $32.41 and its two-hundred day moving average price is $33.15. Freedom Day Dividend ETF has a 52 week low of $29.03 and a 52 week high of $35.46.

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.