ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Short Interest Update

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 429 shares, a decrease of 66.2% from the July 15th total of 1,269 shares. Based on an average daily trading volume, of 2,479 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

ZEGA Buy and Hedge ETF Stock Up 0.5%

ZHDG stock traded up $0.11 during trading on Friday, hitting $24.47. The company had a trading volume of 2,146 shares, compared to its average volume of 6,658. The firm has a 50-day moving average price of $23.53 and a 200-day moving average price of $22.85. The firm has a market cap of $36.70 million, a PE ratio of 26.42 and a beta of 0.78. ZEGA Buy and Hedge ETF has a 1-year low of $20.68 and a 1-year high of $24.49.

About ZEGA Buy and Hedge ETF

The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.