AXS Green Alpha ETF (NYSEARCA:NXTE – Get Free Report) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 1,837 shares, a decline of 51.6% from the July 15th total of 3,795 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 3,977 shares, the days-to-cover ratio is presently 0.5 days.
Hedge Funds Weigh In On AXS Green Alpha ETF
A number of hedge funds have recently made changes to their positions in NXTE. Royal Bank of Canada acquired a new stake in shares of AXS Green Alpha ETF in the first quarter worth approximately $58,000. PFG Investments LLC acquired a new stake in AXS Green Alpha ETF during the 1st quarter worth $232,000. Susquehanna International Group LLP purchased a new stake in shares of AXS Green Alpha ETF during the third quarter worth $582,000. Finally, Jane Street Group LLC acquired a new stake in shares of AXS Green Alpha ETF in the second quarter valued at about $696,000.
AXS Green Alpha ETF Trading Down 1.1%
NYSEARCA:NXTE traded down $0.52 during trading hours on Friday, reaching $47.90. 3,688 shares of the company were exchanged, compared to its average volume of 2,909. The firm has a market cap of $52.69 million, a PE ratio of 27.52 and a beta of 1.61. AXS Green Alpha ETF has a twelve month low of $34.26 and a twelve month high of $54.97. The stock’s 50-day moving average is $48.93 and its 200-day moving average is $45.31.
AXS Green Alpha ETF Company Profile
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.
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