Short Interest in Point Bridge America First ETF (BATS:MAGA) Rises By ∞

Point Bridge America First ETF (BATS:MAGA) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 13 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,159 shares, the days-to-cover ratio is currently 0.0 days.

Point Bridge America First ETF Stock Performance

Shares of BATS:MAGA opened at $56.19 on Tuesday. The company has a 50-day moving average price of $54.79 and a 200 day moving average price of $54.17. The company has a market cap of $35.12 million, a price-to-earnings ratio of 20.33 and a beta of 0.94. Point Bridge America First ETF has a 12 month low of $49.89 and a 12 month high of $56.34.

Hedge Funds Weigh In On Point Bridge America First ETF

A hedge fund recently bought a new position in Point Bridge America First ETF stock. KERR FINANCIAL PLANNING Corp acquired a new position in Point Bridge America First ETF (BATS:MAGA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,700 shares of the company’s stock, valued at approximately $138,000. KERR FINANCIAL PLANNING Corp owned approximately 0.43% of Point Bridge America First ETF as of its most recent SEC filing.

About Point Bridge America First ETF

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.