Formidable ETF (NYSEARCA:FORH – Get Free Report) shares traded down 1.3% during trading on Thursday . The stock traded as low as $24.45 and last traded at $24.45. 14 shares changed 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 Price Performance
The firm has a market cap of $20.05 million, a price-to-earnings ratio of 17.10 and a beta of 0.56. The stock’s fifty day moving average price is $24.96 and its 200-day moving average price is $24.70.
Formidable ETF Announces Dividend
The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were paid a dividend of $0.4394 per share. This represents a yield of 176.0%. The ex-dividend date of this dividend was Wednesday, December 24th.
Formidable ETF Company Profile
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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