The Free Markets ETF (NYSEARCA:FMKT) Short Interest Update
by Michael Walen · The Markets DailyThe Free Markets ETF (NYSEARCA:FMKT – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 447 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 747 shares, the short-interest ratio is currently 0.6 days.
Free Markets ETF Stock Performance
FMKT traded down $0.09 during midday trading on Tuesday, hitting $21.81. The company had a trading volume of 1,367 shares, compared to its average volume of 4,915. Free Markets ETF has a twelve month low of $19.55 and a twelve month high of $24.88. The company has a market capitalization of $11.34 million, a PE ratio of 27.82 and a beta of 0.97. The firm’s 50-day simple moving average is $22.36 and its 200-day simple moving average is $21.96.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Main Street Group LTD bought a new position in Free Markets ETF in the 1st quarter valued at $47,000. Stegent Equity Advisors Inc. boosted its holdings in Free Markets ETF by 23.7% in the first quarter. Stegent Equity Advisors Inc. now owns 64,631 shares of the company’s stock valued at $1,331,000 after acquiring an additional 12,387 shares during the last quarter. Finally, Osbon Capital Management LLC bought a new stake in Free Markets ETF during the 4th quarter worth about $88,000.
About Free Markets ETF
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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