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

The Acquirers Fund (NYSEARCA:ZIG) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 8,287 shares, a growth of 56.4% from the July 15th total of 5,300 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 1,090 shares, the days-to-cover ratio is currently 7.6 days.

The Acquirers Fund Trading Up 0.5%

Shares of ZIG opened at $40.66 on Wednesday. The firm has a market cap of $32.53 million, a P/E ratio of 9.01 and a beta of 0.99. The Acquirers Fund has a 12-month low of $34.66 and a 12-month high of $40.95. The company’s 50-day moving average price is $39.67 and its 200 day moving average price is $39.34.

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.