Point Bridge America First ETF (NYSEARCA:MAGA – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,906 shares, an increase of 373.0% from the September 30th total of 403 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 609 shares, the days-to-cover ratio is presently 3.1 days.
Point Bridge America First ETF Stock Up 1.6%
Shares of MAGA opened at $57.16 on Friday. The stock has a 50 day moving average price of $55.80 and a 200 day moving average price of $55.28. The company has a market capitalization of $31.44 million, a price-to-earnings ratio of 20.33 and a beta of 0.82. Point Bridge America First ETF has a 52-week low of $50.21 and a 52-week high of $58.96.
Point Bridge America First ETF Company Profile
The Point Bridge America First ETF (MAGA) is an exchange-traded fund that is based on the Point Bridge America First index. The fund tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates. MAGA was launched on Sep 6, 2017 and is managed by Point Bridge Capital.
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