AdvisorShares Restaurant ETF (NYSEARCA:EATZ) Short Interest Update

AdvisorShares Restaurant ETF (NYSEARCA:EATZ) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,091 shares, a decline of 95.0% from the April 15th total of 21,694 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 620 shares, the short-interest ratio is currently 1.8 days.

AdvisorShares Restaurant ETF Stock Performance

Shares of EATZ stock remained flat at $27.20 during trading hours on Tuesday. The firm has a market cap of $2.18 million, a PE ratio of 21.39 and a beta of 1.28. AdvisorShares Restaurant ETF has a 12-month low of $24.19 and a 12-month high of $31.61. The firm has a 50-day moving average of $26.75 and a 200 day moving average of $26.71.

AdvisorShares Restaurant ETF Company Profile

The AdvisorShares Restaurant ETF (EATZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively-managed fund of US-listed companies that derive at least 50% of their net revenue from the restaurant business. EATZ was launched on Apr 20, 2021 and is managed by AdvisorShares.