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

Acquirers Small and Micro Deep Value ETF (NYSEARCA:DEEP) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 823 shares, a drop of 39.6% from the August 15th total of 1,363 shares. Based on an average daily trading volume, of 923 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the shares of the company are short sold.

Acquirers Small and Micro Deep Value ETF Trading Up 0.4%

DEEP stock traded up $0.19 during trading on Wednesday, reaching $42.81. 286 shares of the stock were exchanged, compared to its average volume of 1,358. Acquirers Small and Micro Deep Value ETF has a twelve month low of $33.09 and a twelve month high of $44.44. The company has a market capitalization of $2.57 million, a P/E ratio of 8.58 and a beta of 0.97. The stock has a 50 day simple moving average of $43.20 and a 200-day simple moving average of $40.69.

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.