Point Bridge America First ETF (NYSEARCA:MAGA – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,906 shares, a growth of 373.0% from the September 30th total of 403 shares. Based on an average daily volume of 609 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.3% of the shares of the stock are sold short.
Point Bridge America First ETF Stock Performance
Shares of NYSEARCA:MAGA remained flat at $56.26 during mid-day trading on Thursday. The company had a trading volume of 836 shares, compared to its average volume of 1,092. The business has a 50-day moving average of $55.82 and a 200 day moving average of $55.26. Point Bridge America First ETF has a 12 month low of $50.21 and a 12 month high of $58.96. The firm has a market cap of $30.94 million, a P/E ratio of 20.33 and a beta of 0.82.
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.
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