The Free Markets ETF (NYSEARCA:FMKT) Sees Significant Growth in Short Interest

The Free Markets ETF (NYSEARCA:FMKT – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 447 shares. Based on an average daily trading volume, of 747 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.

Free Markets ETF Stock Down 1.0%

Free Markets ETF stock traded down $0.22 during midday trading on Monday, hitting $21.95. The company’s stock had a trading volume of 1,334 shares, compared to its average volume of 4,934. The stock’s 50-day moving average price is $22.36 and its 200-day moving average price is $21.95. The company has a market capitalization of $11.41 million, a PE ratio of 27.82 and a beta of 0.97. Free Markets ETF has a 12 month low of $19.55 and a 12 month high of $24.88.

Hedge Funds Weigh In On Free Markets ETF

A number of large investors have recently made changes to their positions in FMKT. Main Street Group LTD purchased a new stake in Free Markets ETF in the 1st quarter worth approximately $47,000. Osbon Capital Management LLC acquired a new stake in shares of Free Markets ETF during the 4th quarter valued at about $88,000. Finally, Stegent Equity Advisors Inc. lifted its holdings in shares of Free Markets ETF by 23.7% during the 1st quarter. Stegent Equity Advisors Inc. now owns 64,631 shares of the company’s stock valued at $1,331,000 after buying an additional 12,387 shares during the last quarter.

About Free Markets ETF

(Get Free Report)

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.

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