Freedom 100 Emerging Markets ETF (BATS:FRDM – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 125,317 shares, a drop of 50.5% from the June 15th total of 252,919 shares. Based on an average daily trading volume, of 324,747 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are short sold.
Institutional Trading of Freedom 100 Emerging Markets ETF
Institutional investors have recently modified their holdings of the company. First Pacific Financial bought a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter valued at approximately $27,000. Strive Financial Group LLC bought a new position in Freedom 100 Emerging Markets ETF in the fourth quarter worth $28,000. Clarity Asset Management Inc. acquired a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth $36,000. Abound Wealth Management acquired a new stake in Freedom 100 Emerging Markets ETF during the second quarter worth $36,000. Finally, Steward Partners Investment Advisory LLC boosted its stake in Freedom 100 Emerging Markets ETF by 207.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after buying an additional 483 shares in the last quarter.
Freedom 100 Emerging Markets ETF Stock Up 2.8%
FRDM stock opened at $68.05 on Wednesday. Freedom 100 Emerging Markets ETF has a twelve month low of $39.92 and a twelve month high of $76.90. The company has a market cap of $2.01 billion, a PE ratio of 12.68 and a beta of 0.94. The business’s 50-day simple moving average is $70.22 and its 200 day simple moving average is $62.12.
About Freedom 100 Emerging Markets ETF
The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.
See Also
- Five stocks we like better than Freedom 100 Emerging Markets ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Freedom 100 Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freedom 100 Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
