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

The Acquirers Fund (NYSEARCA:ZIG) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 374 shares, a growth of 113.7% from the May 14th total of 175 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,221 shares, the days-to-cover ratio is currently 0.3 days.

The Acquirers Fund Price Performance

NYSEARCA ZIG opened at $40.27 on Monday. The company has a fifty day moving average price of $39.44 and a 200-day moving average price of $38.70. The firm has a market cap of $33.02 million, a price-to-earnings ratio of 9.01 and a beta of 0.99. The Acquirers Fund has a 1 year low of $34.66 and a 1 year high of $40.57.

The Acquirers Fund Company Profile

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.