Short Interest in Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) Rises By 292.7%

Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,127 shares, an increase of 292.7% from the July 15th total of 287 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,481 shares, the days-to-cover ratio is presently 0.8 days.

Acquirers Small and Micro Deep Value ETF Stock Performance

DEEP stock opened at $43.82 on Friday. The firm has a 50 day moving average price of $42.47 and a 200-day moving average price of $39.87. Acquirers Small and Micro Deep Value ETF has a 52-week low of $33.09 and a 52-week high of $44.20. The firm has a market capitalization of $28.48 million, a price-to-earnings ratio of 8.58 and a beta of 0.97.

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.