The Nightview Fund (NYSEARCA:NITE) Sees Large Growth in Short Interest

The Nightview Fund (NYSEARCA:NITE) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,228 shares, an increase of ? from the July 30th total of 0 shares. Based on an average daily volume of 4,428 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

The Nightview Fund Price Performance

NITE stock traded up $0.04 on Friday, hitting $40.69. 103 shares of the company were exchanged, compared to its average volume of 2,068. The stock has a market capitalization of $34.59 million, a price-to-earnings ratio of -38.39 and a beta of 1.29. The Nightview Fund has a twelve month low of $32.52 and a twelve month high of $40.69. The business’s fifty day moving average is $37.65 and its two-hundred day moving average is $36.70.

About The Nightview Fund

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.