Point Bridge America First ETF (NYSEARCA:MAGA) Shares Shorted: Short Interest Down 94.3% in October

Point Bridge America First ETF (NYSEARCA:MAGA – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 109 shares, a drop of 94.3% from the October 15th total of 1,906 shares. Based on an average daily volume of 786 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Point Bridge America First ETF Trading Down 0.1%

Shares of MAGA traded down $0.05 during trading hours on Tuesday, reaching $57.18. 700 shares of the company traded hands, compared to its average volume of 1,094. The stock’s fifty day moving average price is $55.72 and its 200 day moving average price is $55.41. The firm has a market cap of $31.45 million, a price-to-earnings ratio of 19.67 and a beta of 0.82. Point Bridge America First ETF has a 12-month low of $50.21 and a 12-month high of $58.96.

Point Bridge America First ETF Company Profile

(Get Free Report)

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.

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