Point Bridge America First ETF (BATS:MAGA) Short Interest Down 75.0% in July

Point Bridge America First ETF (BATS:MAGA) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 8 shares, a drop of 75.0% from the June 30th total of 32 shares. Based on an average daily volume of 1,489 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Point Bridge America First ETF Price Performance

Shares of MAGA remained flat at $57.01 during trading hours on Monday. 1,182 shares of the stock were exchanged, compared to its average volume of 1,248. Point Bridge America First ETF has a 52-week low of $49.99 and a 52-week high of $57.40. The firm has a 50 day moving average price of $55.46 and a two-hundred day moving average price of $54.72. The stock has a market cap of $35.63 million, a P/E ratio of 20.33 and a beta of 0.94.

Point Bridge America First ETF Company Profile

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.