Formidable ETF (NYSEARCA:FORH – Get Free Report)’s share price fell 1.3% during mid-day trading on Thursday . The stock traded as low as $24.45 and last traded at $24.45. 14 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 967 shares. The stock had previously closed at $24.78.
Formidable ETF Trading Down 1.3%
The business has a 50-day moving average price of $24.96 and a 200 day moving average price of $24.70. The company has a market cap of $20.05 million, a price-to-earnings ratio of 17.10 and a beta of 0.56.
Formidable ETF Dividend Announcement
The business also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.4394 per share. This represents a dividend yield of 176.0%. The ex-dividend date of this dividend was Wednesday, December 24th.
About Formidable ETF
The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.
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