AXS Esoterica NextG Economy ETF (BATS:WUGI) Sees Large Increase in Short Interest

AXS Esoterica NextG Economy ETF (BATS:WUGI) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 3,050 shares, a growth of 526.3% from the June 15th total of 487 shares. Based on an average daily trading volume, of 3,411 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the shares of the company are sold short.

AXS Esoterica NextG Economy ETF Price Performance

AXS Esoterica NextG Economy ETF stock opened at $89.94 on Friday. AXS Esoterica NextG Economy ETF has a fifty-two week low of $62.65 and a fifty-two week high of $97.10. The firm has a fifty day moving average price of $87.92 and a two-hundred day moving average price of $77.11. The firm has a market cap of $38.29 million, a price-to-earnings ratio of 36.93 and a beta of 1.27.

AXS Esoterica NextG Economy ETF Company Profile

The Esoterica NextG Economy ETF (WUGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed portfolio of global companies involved in the 5G-enabled digital economy. WUGI was launched on Mar 31, 2020 and is managed by AXS Investments.