MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Short Interest Update

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,186 shares, an increase of 118.6% from the December 31st total of 2,372 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 40,874 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 40,874 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s shares are sold short.

MarketDesk Focused U.S. Momentum ETF Stock Down 2.7%

Shares of NASDAQ FMTM opened at $35.23 on Friday. The stock has a market capitalization of $82.09 million, a PE ratio of 29.38 and a beta of 2.07. MarketDesk Focused U.S. Momentum ETF has a 52-week low of $22.96 and a 52-week high of $36.55. The firm has a fifty day moving average of $33.22 and a 200-day moving average of $30.50.

MarketDesk Focused U.S. Momentum ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.0952 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

About MarketDesk Focused U.S. Momentum ETF

EA Series Trust – MarketDesk Focused U.S. Momentum ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Marketdesk Indices LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio.