Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Short Interest Jumps 272.8%

Freedom Day Dividend ETF (NYSEARCA:MBOX) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,688 shares, a growth of 272.8% from the September 30th total of 721 shares. Based on an average daily trading volume, of 5,356 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Freedom Day Dividend ETF Trading Down 0.1%

Shares of MBOX stock traded down $0.04 during trading on Wednesday, hitting $42.36. The company’s stock had a trading volume of 4,494 shares, compared to its average volume of 4,066. The company has a market cap of $155.46 million, a PE ratio of 16.38 and a beta of 0.78. The business has a fifty day moving average of $41.73 and a 200-day moving average of $39.54. Freedom Day Dividend ETF has a 52 week low of $33.99 and a 52 week high of $43.10.

Freedom Day Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a $0.1717 dividend. 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.