AXS Esoterica NextG Economy ETF (BATS:WUGI) Sees Large Growth in Short Interest

AXS Esoterica NextG Economy ETF (BATS:WUGI) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 3,050 shares, an increase of 526.3% from the June 15th total of 487 shares. Based on an average trading volume of 3,411 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.7% of the shares of the stock are short sold.

AXS Esoterica NextG Economy ETF Price Performance

WUGI opened at $89.94 on Monday. AXS Esoterica NextG Economy ETF has a 52-week low of $62.65 and a 52-week high of $97.10. The company has a market cap of $38.29 million, a price-to-earnings ratio of 36.93 and a beta of 1.27. The firm’s fifty day simple moving average is $87.92 and its two-hundred day simple moving average is $77.03.

About AXS Esoterica NextG Economy ETF

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.