The Acquirers Fund (NYSEARCA:ZIG) Sees Significant Increase in Short Interest

The Acquirers Fund (NYSEARCA:ZIG) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 731 shares, a growth of 95.5% from the May 31st total of 374 shares. Based on an average daily volume of 860 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

The Acquirers Fund Price Performance

NYSEARCA ZIG traded down $0.16 on Wednesday, hitting $38.95. 4,205 shares of the company’s stock were exchanged, compared to its average volume of 1,691. The firm’s 50-day moving average price is $39.35 and its two-hundred day moving average price is $38.84. The Acquirers Fund has a fifty-two week low of $34.66 and a fifty-two week high of $40.57. The firm has a market cap of $31.94 million, a price-to-earnings ratio of 9.01 and a beta of 0.99.

About The Acquirers Fund

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.