The Acquirers Fund (NYSEARCA:ZIG) Sees Large Increase in Short Interest

The Acquirers Fund (NYSEARCA:ZIG) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,287 shares, an increase of 56.4% from the July 15th total of 5,300 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average trading volume of 1,090 shares, the days-to-cover ratio is currently 7.6 days.

The Acquirers Fund Stock Down 0.7%

The Acquirers Fund stock opened at $40.46 on Tuesday. The business’s 50-day simple moving average is $39.65 and its 200 day simple moving average is $39.32. The stock has a market cap of $32.37 million, a price-to-earnings ratio of 9.01 and a beta of 0.99. The Acquirers Fund has a 12-month low of $34.66 and a 12-month high of $40.95.

The Acquirers Fund Company Profile

The Acquirers Fund ETF (ZIG) is an exchange-traded fund that is based on the ZIG-US – No underlying index. The fund is an actively-managed portfolio of equity securities issued by US-listed companies that exhibit strong fundamentals and value characteristics. ZIG was launched on May 15, 2019 and is managed by Acquirers Fund.