Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Shares Shorted: Short Interest Down 78.3% in September

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,303 shares, a decline of 78.3% from the September 15th total of 10,604 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 16,859 shares, the short-interest ratio is currently 0.1 days.

Nicholas Fixed Income Alternative ETF Stock Performance

Shares of NYSEARCA FIAX remained flat at $17.08 during trading hours on Monday. The company had a trading volume of 10,886 shares, compared to its average volume of 15,963. The stock has a fifty day moving average price of $17.24 and a two-hundred day moving average price of $17.45. The company has a market capitalization of $120.76 million, a P/E ratio of 17.96 and a beta of 0.20. Nicholas Fixed Income Alternative ETF has a twelve month low of $16.93 and a twelve month high of $18.30.

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.