Short Interest in AXS Esoterica NextG Economy ETF (BATS:WUGI) Grows By 156.1%

AXS Esoterica NextG Economy ETF (BATS:WUGI) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,200 shares, an increase of 156.1% from the July 15th total of 2,811 shares. Based on an average daily trading volume, of 1,038 shares, the days-to-cover ratio is currently 6.9 days. Currently, 1.7% of the shares of the stock are sold short.

AXS Esoterica NextG Economy ETF Price Performance

Shares of BATS:WUGI opened at $87.46 on Friday. The company’s fifty day moving average price is $87.12 and its 200-day moving average price is $78.84. The firm has a market capitalization of $37.24 million, a price-to-earnings ratio of 36.93 and a beta of 1.27. AXS Esoterica NextG Economy ETF has a one year low of $62.65 and a one year high of $97.10.

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.