Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 145 shares, a drop of 71.1% from the May 14th total of 502 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 791 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC grew its position in Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Free Report) by 385.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,224 shares of the company’s stock after acquiring an additional 39,878 shares during the period. Jane Street Group LLC owned about 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent quarter.
Nomura Tax-Free USA Short Term ETF Trading Up 0.1%
Shares of NYSEARCA:STAX traded up $0.03 during midday trading on Thursday, reaching $25.45. 127 shares of the company were exchanged, compared to its average volume of 3,158. Nomura Tax-Free USA Short Term ETF has a fifty-two week low of $25.26 and a fifty-two week high of $25.75. The stock has a fifty day simple moving average of $25.42 and a two-hundred day simple moving average of $25.51.
Nomura Tax-Free USA Short Term ETF Company Profile
The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.
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