Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,796 shares, a growth of 67.9% from the August 31st total of 1,665 shares. Based on an average trading volume of 3,937 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are sold short.

Research Affiliates Deletions ETF Stock Performance

Shares of NIXT stock traded up $0.26 during mid-day trading on Thursday, hitting $32.74. The company’s stock had a trading volume of 1,638 shares, compared to its average volume of 2,750. Research Affiliates Deletions ETF has a 52-week low of $23.83 and a 52-week high of $35.25. The business has a 50-day moving average price of $33.91 and a 200 day moving average price of $31.73. The stock has a market cap of $39.62 million, a price-to-earnings ratio of 13.02 and a beta of 1.03.

Research Affiliates Deletions ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.0909 dividend. The ex-dividend date was Monday, September 28th. This is a decrease from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408. This represents a $0.36 annualized dividend and a dividend yield of 1.1%.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

An institutional investor recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC acquired a new stake in Research Affiliates Deletions ETF (NASDAQ:NIXT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned 2.05% of Research Affiliates Deletions ETF at the end of the most recent quarter.

About Research Affiliates Deletions ETF

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.