NestYield Total Return Guard ETF (NYSEARCA:EGGS) Short Interest Down 57.9% in May

NestYield Total Return Guard ETF (NYSEARCA:EGGS) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 7,230 shares, a decline of 57.9% from the April 30th total of 17,155 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 17,621 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NestYield Total Return Guard ETF stock. Centaurus Financial Inc. lifted its stake in shares of NestYield Total Return Guard ETF (NYSEARCA:EGGS) by 34.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 705,127 shares of the company’s stock after acquiring an additional 180,157 shares during the quarter. NestYield Total Return Guard ETF makes up approximately 1.4% of Centaurus Financial Inc.’s holdings, making the stock its 10th biggest position. Centaurus Financial Inc. owned about 75.82% of NestYield Total Return Guard ETF worth $30,580,000 at the end of the most recent reporting period.

NestYield Total Return Guard ETF Stock Down 0.8%

Shares of NestYield Total Return Guard ETF stock traded down $0.34 during trading hours on Friday, reaching $40.16. 6,870 shares of the stock traded hands, compared to its average volume of 7,153. The company has a 50 day moving average price of $37.67 and a 200 day moving average price of $38.02. The firm has a market capitalization of $46.99 million, a price-to-earnings ratio of 33.73 and a beta of 1.17. NestYield Total Return Guard ETF has a one year low of $33.64 and a one year high of $44.70.

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.