AXS Green Alpha ETF (NYSEARCA:NXTE – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 219 shares, a drop of 61.0% from the May 14th total of 561 shares. Based on an average trading volume of 2,321 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
AXS Green Alpha ETF Stock Performance
NYSEARCA:NXTE traded down $0.07 during mid-day trading on Friday, reaching $50.31. The stock had a trading volume of 2,331 shares, compared to its average volume of 2,235. The firm has a market capitalization of $55.84 million, a price-to-earnings ratio of 27.52 and a beta of 1.60. AXS Green Alpha ETF has a twelve month low of $32.81 and a twelve month high of $52.77. The business has a 50 day simple moving average of $46.09 and a 200 day simple moving average of $42.40.
Institutional Investors Weigh In On AXS Green Alpha ETF
Hedge funds have recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC lifted its position in AXS Green Alpha ETF by 18.9% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 89,151 shares of the company’s stock valued at $3,440,000 after purchasing an additional 14,188 shares during the period. Natural Investments LLC acquired a new stake in AXS Green Alpha ETF in the fourth quarter valued at about $7,909,000. Invested Advisors acquired a new stake in AXS Green Alpha ETF in the fourth quarter valued at about $219,000. Royal Bank of Canada acquired a new stake in AXS Green Alpha ETF in the first quarter valued at about $58,000. Finally, Jane Street Group LLC acquired a new stake in AXS Green Alpha ETF in the second quarter valued at about $696,000.
About AXS Green Alpha ETF
The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.
Read More
- Five stocks we like better than AXS Green Alpha ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for AXS Green Alpha ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXS Green Alpha ETF and related companies with MarketBeat.com's FREE daily email newsletter.
