The Acquirers Fund (NYSEARCA:ZIG) Sees Significant Growth in Short Interest

The Acquirers Fund (NYSEARCA:ZIG) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 731 shares, a growth of 95.5% from the May 31st total of 374 shares. Based on an average daily volume of 860 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the company’s stock are sold short.

The Acquirers Fund Trading Up 0.7%

The Acquirers Fund stock traded up $0.26 during midday trading on Thursday, hitting $39.06. The stock had a trading volume of 698 shares, compared to its average volume of 1,684. The business has a fifty day moving average price of $39.32 and a 200 day moving average price of $38.85. The Acquirers Fund has a 12 month low of $34.66 and a 12 month high of $40.57. The stock has a market cap of $31.25 million, a P/E ratio of 9.01 and a beta of 0.99.

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.