The Acquirers Fund (NYSEARCA:ZIG) Sees Significant Increase in Short Interest

The Acquirers Fund (NYSEARCA:ZIG – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,518 shares, an increase of 1,065.3% from the June 15th total of 731 shares. Based on an average daily volume of 941 shares, the short-interest ratio is currently 9.1 days. Approximately 1.1% of the shares of the company are short sold.

The Acquirers Fund Trading Up 1.0%

ZIG stock traded up $0.39 during trading on Friday, hitting $38.93. The company had a trading volume of 301 shares, compared to its average volume of 1,648. The business has a 50 day moving average of $39.19 and a 200 day moving average of $38.88. The firm has a market capitalization of $31.14 million, a price-to-earnings ratio of 9.01 and a beta of 0.99. The Acquirers Fund has a fifty-two week low of $34.66 and a fifty-two week high of $40.57.

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About The Acquirers Fund

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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.

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