Short Interest in MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Grows By 391.1%

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 21,615 shares, a growth of 391.1% from the January 29th total of 4,401 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 41,071 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 41,071 shares, the short-interest ratio is presently 0.5 days. Approximately 1.2% of the company’s stock are short sold.

MarketDesk Focused U.S. Momentum ETF Trading Up 0.8%

FMTM stock opened at $37.44 on Thursday. The firm has a market cap of $65.89 million, a PE ratio of 29.38 and a beta of 2.07. MarketDesk Focused U.S. Momentum ETF has a 1 year low of $22.96 and a 1 year high of $37.67. The company has a fifty day simple moving average of $34.83 and a 200 day simple moving average of $31.68.

MarketDesk Focused U.S. Momentum ETF Dividend Announcement

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

MarketDesk Focused U.S. Momentum ETF Company Profile

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.