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

The Acquirers Fund (NYSEARCA:ZIG) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 175 shares, a growth of 173.4% from the April 30th total of 64 shares. Based on an average daily trading volume, of 1,179 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

The Acquirers Fund Stock Down 1.6%

Shares of ZIG traded down $0.62 during mid-day trading on Friday, reaching $39.34. 462 shares of the stock traded hands, compared to its average volume of 1,842. The firm has a market cap of $32.26 million, a price-to-earnings ratio of 9.01 and a beta of 1.01. The stock has a fifty day simple moving average of $39.24 and a 200 day simple moving average of $38.42. The Acquirers Fund has a 12-month low of $33.58 and a 12-month high of $40.57.

About The Acquirers Fund

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.