Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 631 shares, a decline of 68.7% from the May 14th total of 2,015 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 10,681 shares, the days-to-cover ratio is currently 0.1 days.
Nicholas Fixed Income Alternative ETF Price Performance
FIAX traded up $0.01 on Friday, reaching $17.62. 10,448 shares of the company’s stock were exchanged, compared to its average volume of 17,173. The stock has a market cap of $134.26 million, a PE ratio of 17.96 and a beta of 0.21. Nicholas Fixed Income Alternative ETF has a twelve month low of $17.29 and a twelve month high of $18.32. The stock’s fifty day moving average price is $17.62 and its 200-day moving average price is $17.77.
Hedge Funds Weigh In On Nicholas Fixed Income Alternative ETF
An institutional investor recently raised its position in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC raised its position in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Free Report) by 148.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,614 shares of the company’s stock after purchasing an additional 63,138 shares during the quarter. Flow Traders U.S. LLC owned about 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 as of its most recent SEC filing.
Nicholas Fixed Income Alternative ETF Company Profile
The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.
Read More
- Five stocks we like better than Nicholas Fixed Income Alternative 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 Nicholas Fixed Income Alternative ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nicholas Fixed Income Alternative ETF and related companies with MarketBeat.com's FREE daily email newsletter.
