The Acquirers Fund (NYSEARCA:ZIG) Short Interest Up 113.7% in May

The Acquirers Fund (NYSEARCA:ZIG) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 374 shares, an increase of 113.7% from the May 14th total of 175 shares. Based on an average trading volume of 1,221 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

The Acquirers Fund Stock Performance

NYSEARCA:ZIG traded up $0.42 during trading hours on Friday, reaching $40.03. The stock had a trading volume of 1,656 shares, compared to its average volume of 1,749. The Acquirers Fund has a 52 week low of $34.66 and a 52 week high of $40.57. The company has a 50 day moving average price of $39.44 and a two-hundred day moving average price of $38.68. The stock has a market capitalization of $32.82 million, a PE ratio of 9.01 and a beta of 0.99.

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.