NestYield Total Return Guard ETF (NYSEARCA:EGGS) Sees Large Decline in Short Interest

NestYield Total Return Guard ETF (NYSEARCA:EGGS) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 11,840 shares, a decrease of 55.4% from the August 31st total of 26,574 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,601 shares, the days-to-cover ratio is presently 0.9 days.

NestYield Total Return Guard ETF Price Performance

NestYield Total Return Guard ETF stock traded down $0.07 during mid-day trading on Wednesday, reaching $36.35. 5,059 shares of the company were exchanged, compared to its average volume of 9,193. The firm has a market cap of $60.70 million, a PE ratio of 33.73 and a beta of 1.18. The company has a fifty day simple moving average of $36.75 and a 200-day simple moving average of $38.10. NestYield Total Return Guard ETF has a 12 month low of $33.22 and a 12 month high of $45.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NestYield Total Return Guard ETF stock. Centaurus Financial Inc. increased its position in shares of NestYield Total Return Guard ETF (NYSEARCA:EGGS) by 8.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,044,784 shares of the company’s stock after purchasing an additional 77,294 shares during the quarter. NestYield Total Return Guard ETF accounts for approximately 1.7% of Centaurus Financial Inc.’s investment portfolio, making the stock its 7th largest position. Centaurus Financial Inc. owned 89.30% of NestYield Total Return Guard ETF worth $36,231,000 at the end of the most recent reporting period.

NestYield Total Return Guard ETF Company Profile

The NestYield Total Return Guard ETF (EGGS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income, benefit from the upside value of the equities, and hedge downside risks using a laddered options strategy EGGS was launched on Dec 26, 2024 and is issued by NestYield.