Point Bridge America First ETF (NYSEARCA:MAGA – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 109 shares, a drop of 94.3% from the October 15th total of 1,906 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 786 shares, the short-interest ratio is presently 0.1 days.
Point Bridge America First ETF Price Performance
Shares of MAGA traded down $0.05 during mid-day trading on Tuesday, reaching $57.18. 700 shares of the company’s stock traded hands, compared to its average volume of 1,094. The stock has a market cap of $31.45 million, a P/E ratio of 19.67 and a beta of 0.82. The stock’s 50-day moving average is $55.72 and its two-hundred day moving average is $55.41. Point Bridge America First ETF has a 12 month low of $50.21 and a 12 month 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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