Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

by · The Cerbat Gem

Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,665 shares, a drop of 88.9% from the August 15th total of 15,033 shares. Based on an average daily volume of 1,757 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Research Affiliates Deletions ETF

A hedge fund recently bought a new stake in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC acquired a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned about 2.05% of Research Affiliates Deletions ETF at the end of the most recent reporting period.

Research Affiliates Deletions ETF Stock Down 0.8%

Shares of NIXT stock traded down $0.26 during trading on Thursday, reaching $33.11. The company’s stock had a trading volume of 877 shares, compared to its average volume of 2,396. The business has a fifty day moving average price of $33.81 and a 200-day moving average price of $31.21. The company has a market cap of $40.06 million, a price-to-earnings ratio of 13.02 and a beta of 1.03. Research Affiliates Deletions ETF has a one year low of $23.83 and a one year high of $35.25.

Research Affiliates Deletions ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a $0.1408 dividend. This represents a $0.56 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, June 29th.

Research Affiliates Deletions ETF Company Profile

(Get Free Report)

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.

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