Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) Short Interest Down 39.6% in August

Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 823 shares, a decline of 39.6% from the August 15th total of 1,363 shares. Based on an average daily trading volume, of 923 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Acquirers Small and Micro Deep Value ETF Stock Performance

Shares of DEEP traded up $0.19 during mid-day trading on Wednesday, hitting $42.81. The company’s stock had a trading volume of 286 shares, compared to its average volume of 1,358. The stock’s 50-day moving average is $43.20 and its two-hundred day moving average is $40.69. The firm has a market capitalization of $2.57 million, a PE ratio of 8.58 and a beta of 0.97. Acquirers Small and Micro Deep Value ETF has a one year low of $33.09 and a one year high of $44.44.

About Acquirers Small and Micro Deep Value ETF

The Roundhill Acquirers Deep Value ETF (DEEP) is an exchange-traded fund that is based on the Acquirers Deep Value index. The fund tracks an equal-weighted index of 100 smallest US stocks, by market-cap, that are potentially undervalued based on their fundamentals. DEEP was launched on Sep 23, 2014 and is managed by Roundhill.