Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) Sees Large Drop in Short Interest

Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 358 shares, a drop of 56.5% from the August 31st total of 823 shares. Based on an average daily volume of 1,028 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Acquirers Small and Micro Deep Value ETF Trading Down 0.9%

Shares of NYSEARCA DEEP traded down $0.36 during mid-day trading on Monday, reaching $41.13. The company had a trading volume of 143 shares, compared to its average volume of 1,347. The firm has a 50 day simple moving average of $43.13 and a two-hundred day simple moving average of $40.93. Acquirers Small and Micro Deep Value ETF has a 52-week low of $33.09 and a 52-week high of $44.44. The stock has a market cap of $26.73 million, a P/E ratio of 8.58 and a beta of 0.97.

About Acquirers Small and Micro Deep Value ETF

The Roundhill Acquirers Deep Value ETF (DEEP) is an exchange-traded fund that is based on the Acquirers Deep Value index. The fund tracks an equal-weighted index of 100 smallest US stocks, by market-cap, that are potentially undervalued based on their fundamentals. DEEP was launched on Sep 23, 2014 and is managed by Roundhill.