The Acquirers Fund (NYSEARCA:ZIG) Short Interest Down 37.8% in July

The Acquirers Fund (NYSEARCA:ZIG) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 5,300 shares, a drop of 37.8% from the June 30th total of 8,518 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,129 shares, the days-to-cover ratio is presently 4.7 days.

The Acquirers Fund Stock Down 1.3%

The Acquirers Fund stock traded down $0.53 during trading hours on Thursday, hitting $39.93. The stock had a trading volume of 406 shares, compared to its average volume of 1,583. The stock’s 50-day moving average price is $39.38 and its 200-day moving average price is $39.13. The stock has a market capitalization of $31.94 million, a P/E ratio of 9.01 and a beta of 0.99. The Acquirers Fund has a 12-month low of $34.66 and a 12-month 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.