The Acquirers Fund (NYSEARCA:ZIG) Short Interest Up 113.7% in May

The Acquirers Fund (NYSEARCA:ZIG) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 374 shares, an increase of 113.7% from the May 14th total of 175 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,221 shares, the days-to-cover ratio is presently 0.3 days.

The Acquirers Fund Trading Up 1.1%

Shares of NYSEARCA ZIG traded up $0.42 during trading hours on Friday, hitting $40.03. 1,656 shares of the company traded hands, compared to its average volume of 1,749. The stock has a market capitalization of $32.82 million, a price-to-earnings ratio of 9.01 and a beta of 0.99. The company’s 50 day moving average price is $39.44 and its 200 day moving average price is $38.68. The Acquirers Fund has a 12 month low of $34.66 and a 12 month high of $40.57.

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.