The Nightview Fund (NYSEARCA:NITE) Sees Large Drop in Short Interest

The Nightview Fund (NYSEARCA:NITE – Get Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 99 shares, a decline of 59.9% from the June 15th total of 247 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 0.2 days.

The Nightview Fund Stock Performance

Shares of NYSEARCA NITE traded down $0.39 during mid-day trading on Tuesday, hitting $37.24. The stock had a trading volume of 70 shares, compared to its average volume of 2,221. The firm has a market cap of $31.65 million, a PE ratio of -35.13 and a beta of 1.28. The company has a 50 day moving average of $37.69 and a two-hundred day moving average of $36.50. The Nightview Fund has a twelve month low of $31.12 and a twelve month high of $40.57.

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About The Nightview Fund

(Get Free Report)

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.

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