Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Up 444.6% in April

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 11,098 shares, an increase of 444.6% from the April 15th total of 2,038 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 61,460 shares, the days-to-cover ratio is currently 0.2 days.

Nicholas Global Equity and Income ETF Stock Up 1.6%

Shares of GIAX stock opened at $17.49 on Friday. The stock has a market cap of $94.97 million, a price-to-earnings ratio of 24.80 and a beta of 1.23. Nicholas Global Equity and Income ETF has a fifty-two week low of $13.26 and a fifty-two week high of $18.19. The firm’s 50 day moving average price is $15.45 and its two-hundred day moving average price is $16.21.

Nicholas Global Equity and Income ETF Company Profile

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.