Research Affiliates Deletions ETF (NASDAQ:NIXT) Stock Short Interest Falls 95.8%

Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 117 shares, a decline of 95.8% from the September 15th total of 2,796 shares. Based on an average daily volume of 7,318 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Research Affiliates Deletions ETF Price Performance

Shares of NIXT stock traded up $0.22 during trading hours on Friday, reaching $33.41. 2,107 shares of the company’s stock were exchanged, compared to its average volume of 2,707. The company’s 50 day moving average is $33.88 and its two-hundred day moving average is $31.99. The company has a market cap of $40.43 million, a P/E ratio of 13.02 and a beta of 1.06. Research Affiliates Deletions ETF has a 1 year low of $23.83 and a 1 year high of $35.25.

Research Affiliates Deletions ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.0909 per share. This is a drop from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408. This represents a $0.36 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, September 28th.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

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

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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