National Security Emerging Markets Index ETF (NASDAQ:NSI) Sees Significant Drop in Short Interest

National Security Emerging Markets Index ETF (NASDAQ:NSI) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 11,322 shares, a drop of 42.8% from the March 15th total of 19,781 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,442 shares, the short-interest ratio is currently 4.6 days.

National Security Emerging Markets Index ETF Trading Down 0.6%

Shares of NSI stock traded down $0.22 during midday trading on Monday, reaching $36.94. 1,485 shares of the stock were exchanged, compared to its average volume of 3,368. The firm has a market cap of $40.26 million, a PE ratio of 13.71 and a beta of 0.56. National Security Emerging Markets Index ETF has a 1 year low of $24.71 and a 1 year high of $39.20. The company’s 50 day moving average is $36.31 and its two-hundred day moving average is $34.52.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. OLD Mission Capital LLC bought a new position in shares of National Security Emerging Markets Index ETF in the 4th quarter valued at about $324,000. Integrated Advisors Network LLC lifted its stake in National Security Emerging Markets Index ETF by 7.3% in the fourth quarter. Integrated Advisors Network LLC now owns 110,809 shares of the company’s stock worth $3,705,000 after purchasing an additional 7,520 shares during the last quarter. Citadel Advisors LLC bought a new stake in National Security Emerging Markets Index ETF in the third quarter worth about $370,000. Finally, Envestnet Asset Management Inc. lifted its stake in National Security Emerging Markets Index ETF by 44.0% in the third quarter. Envestnet Asset Management Inc. now owns 445,427 shares of the company’s stock worth $14,382,000 after purchasing an additional 136,135 shares during the last quarter.

About National Security Emerging Markets Index ETF

The National Security Emerging Markets Index ETF (NSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an emerging markets index that excludes companies perceived to pose a threat to the US national security. Selected securities are weighted by market-cap. NSI was launched on Dec 6, 2023 and is issued by Tuttle Capital Management.