Point Bridge America First ETF (NYSEARCA:MAGA) Stock Short Interest Falls 94.3%

Point Bridge America First ETF (NYSEARCA:MAGA) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 109 shares, a decrease of 94.3% from the October 15th total of 1,906 shares. Based on an average daily volume of 786 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Point Bridge America First ETF Stock Performance

Shares of NYSEARCA:MAGA remained flat at $57.18 during trading on Wednesday. The company’s stock had a trading volume of 700 shares, compared to its average volume of 1,094. Point Bridge America First ETF has a 52-week low of $50.21 and a 52-week high of $58.96. The stock has a market capitalization of $31.45 million, a PE ratio of 19.67 and a beta of 0.82. The firm has a fifty day simple moving average of $55.72 and a two-hundred day simple moving average of $55.42.

About Point Bridge America First ETF

The Point Bridge America First ETF (MAGA) is an exchange-traded fund that is based on the Point Bridge America First index. The fund tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates. MAGA was launched on Sep 6, 2017 and is managed by Point Bridge Capital.