ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Short Interest Update

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 429 shares, a decline of 66.2% from the July 15th total of 1,269 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,479 shares, the short-interest ratio is presently 0.2 days.

ZEGA Buy and Hedge ETF Price Performance

Shares of ZHDG stock traded up $0.11 during trading hours on Friday, hitting $24.47. The stock had a trading volume of 2,146 shares, compared to its average volume of 6,658. The firm has a market capitalization of $36.70 million, a PE ratio of 26.42 and a beta of 0.78. ZEGA Buy and Hedge ETF has a twelve month low of $20.68 and a twelve month high of $24.49. The stock’s 50 day moving average is $23.53 and its 200 day moving average is $22.85.

ZEGA Buy and Hedge ETF Company Profile

The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.