Short Interest in American Customer Satisfaction ETF (BATS:ACSI) Declines By 45.9%

American Customer Satisfaction ETF (BATS:ACSI) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 33 shares, a decrease of 45.9% from the August 15th total of 61 shares. Based on an average daily volume of 187 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On American Customer Satisfaction ETF

A hedge fund recently bought a new position in American Customer Satisfaction ETF stock. Strive Financial Group LLC bought a new stake in shares of American Customer Satisfaction ETF (BATS:ACSI) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,971 shares of the company’s stock, valued at approximately $1,109,000. Strive Financial Group LLC owned about 0.97% of American Customer Satisfaction ETF at the end of the most recent reporting period.

American Customer Satisfaction ETF Stock Up 0.2%

ACSI opened at $78.15 on Tuesday. The stock’s 50 day moving average price is $76.93 and its two-hundred day moving average price is $72.24. The firm has a market capitalization of $121.13 million, a P/E ratio of 22.25 and a beta of 1.00. American Customer Satisfaction ETF has a 12-month low of $63.07 and a 12-month high of $78.64.

About American Customer Satisfaction ETF

The American Customer Satisfaction ETF (ACSI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of tier-weighted US large-cap companies assigned with the highest customer satisfaction scores. Holdings are weighted equally within each industry. ACSI was launched on Nov 1, 2016 and is managed by Exponential ETFs.