Freedom Day Dividend ETF (NYSEARCA:MBOX) Short Interest Down 60.0% in July

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,002 shares, a decline of 60.0% from the June 30th total of 2,503 shares. Based on an average daily trading volume, of 4,490 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of Freedom Day Dividend ETF

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

Freedom Day Dividend ETF Price Performance

Shares of NYSEARCA:MBOX opened at $41.59 on Monday. The company has a market cap of $148.48 million, a PE ratio of 16.38 and a beta of 0.78. Freedom Day Dividend ETF has a fifty-two week low of $33.05 and a fifty-two week high of $41.60. The firm has a 50-day simple moving average of $40.13 and a 200 day simple moving average of $38.36.

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.