Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) Sees Significant Decrease in Short Interest

Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 519 shares, a drop of 29.9% from the February 26th total of 740 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,022 shares, the days-to-cover ratio is currently 0.5 days.

Acquirers Small and Micro Deep Value ETF Trading Down 1.9%

Shares of NYSEARCA DEEP traded down $0.69 during midday trading on Friday, hitting $35.98. 1,493 shares of the company’s stock were exchanged, compared to its average volume of 2,025. The business’s fifty day moving average price is $37.66 and its two-hundred day moving average price is $36.54. The company has a market cap of $25.19 million, a price-to-earnings ratio of 8.58 and a beta of 1.07. Acquirers Small and Micro Deep Value ETF has a 12-month low of $26.59 and a 12-month high of $39.29.

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.