Short Interest in Research Affiliates Deletions ETF (NASDAQ:NIXT) Expands By 101.6%

Research Affiliates Deletions ETF (NASDAQ:NIXTGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 15,033 shares, a growth of 101.6% from the July 30th total of 7,458 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average trading volume of 2,208 shares, the days-to-cover ratio is presently 6.8 days.

Hedge Funds Weigh In On Research Affiliates Deletions ETF

An institutional investor recently raised its stake in Research Affiliates Deletions ETF stock. Royal Bank of Canada lifted its stake in shares of Research Affiliates Deletions ETF (NASDAQ:NIXTFree Report) by 2,137.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,567 shares of the company’s stock after buying an additional 32,067 shares during the quarter. Royal Bank of Canada owned about 2.43% of Research Affiliates Deletions ETF worth $777,000 as of its most recent filing with the Securities & Exchange Commission.

Research Affiliates Deletions ETF Trading Down 0.1%

Shares of Research Affiliates Deletions ETF stock opened at $34.87 on Friday. The business has a 50-day moving average price of $33.41 and a two-hundred day moving average price of $30.83. Research Affiliates Deletions ETF has a 1-year low of $23.83 and a 1-year high of $35.25. The company has a market cap of $42.19 million, a P/E ratio of 13.02 and a beta of 1.02.

Research Affiliates Deletions ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a $0.1408 dividend. 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.

Further Reading

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