Point Bridge America First ETF (NYSEARCA:MAGA) Stock Short Interest Rises 205.3%

Point Bridge America First ETF (NYSEARCA:MAGA) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 403 shares, an increase of 205.3% from the September 15th total of 132 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 714 shares, the days-to-cover ratio is presently 0.6 days.

Point Bridge America First ETF Stock Up 0.3%

MAGA traded up $0.15 on Tuesday, reaching $55.16. The company had a trading volume of 101 shares, compared to its average volume of 1,096. Point Bridge America First ETF has a 1 year low of $50.21 and a 1 year high of $58.96. The stock has a market capitalization of $30.34 million, a PE ratio of 20.33 and a beta of 0.82. The stock has a 50-day moving average price of $56.29 and a 200-day moving average price of $55.53.

About Point Bridge America First ETF

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.