Short Interest in AXS Esoterica NextG Economy ETF (BATS:WUGI) Rises By 156.1%

AXS Esoterica NextG Economy ETF (BATS:WUGI) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 7,200 shares, a growth of 156.1% from the July 15th total of 2,811 shares. Based on an average trading volume of 1,038 shares, the days-to-cover ratio is presently 6.9 days. Currently, 1.7% of the company’s stock are sold short.

AXS Esoterica NextG Economy ETF Stock Performance

WUGI opened at $87.46 on Friday. The company has a 50-day moving average of $87.12 and a 200-day moving average of $78.84. AXS Esoterica NextG Economy ETF has a 1-year low of $62.65 and a 1-year high of $97.10. The company has a market capitalization of $37.24 million, a P/E ratio of 36.93 and a beta of 1.27.

About AXS Esoterica NextG Economy ETF

The Esoterica NextG Economy ETF (WUGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed portfolio of global companies involved in the 5G-enabled digital economy. WUGI was launched on Mar 31, 2020 and is managed by AXS Investments.