The Acquirers Fund (NYSEARCA:ZIG) Stock Short Interest Falls 67.8%

The Acquirers Fund (NYSEARCA:ZIG) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 2,052 shares, a decline of 67.8% from the September 15th total of 6,378 shares. Based on an average daily trading volume, of 1,234 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the shares of the stock are short sold.

The Acquirers Fund Stock Performance

ZIG traded up $0.15 during midday trading on Tuesday, hitting $38.97. The stock had a trading volume of 482 shares, compared to its average volume of 1,405. The Acquirers Fund has a 1 year low of $34.66 and a 1 year high of $41.55. The business has a fifty day moving average of $39.85 and a 200 day moving average of $39.53. The company has a market cap of $31.18 million, a P/E ratio of 9.01 and a beta of 1.00.

The Acquirers Fund Company Profile

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.