AXS Green Alpha ETF (NYSEARCA:NXTE – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 219 shares, a drop of 61.0% from the May 14th total of 561 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,321 shares, the short-interest ratio is currently 0.1 days.
AXS Green Alpha ETF Stock Performance
NYSEARCA:NXTE traded down $0.07 on Friday, hitting $50.31. The stock had a trading volume of 2,331 shares, compared to its average volume of 2,235. The stock has a market cap of $55.84 million, a P/E ratio of 27.52 and a beta of 1.60. AXS Green Alpha ETF has a 1 year low of $32.81 and a 1 year high of $52.77. The firm’s fifty day simple moving average is $46.09 and its two-hundred day simple moving average is $42.40.
Institutional Investors Weigh In On AXS Green Alpha ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada purchased a new stake in AXS Green Alpha ETF in the 1st quarter valued at about $58,000. Invested Advisors purchased a new stake in AXS Green Alpha ETF in the 4th quarter valued at about $219,000. PFG Investments LLC purchased a new stake in AXS Green Alpha ETF in the 1st quarter valued at about $232,000. Investment Research Partners LLC purchased a new stake in AXS Green Alpha ETF in the 3rd quarter valued at about $274,000. Finally, Susquehanna International Group LLP purchased a new stake in AXS Green Alpha ETF in the 3rd quarter valued at about $582,000.
About AXS Green Alpha ETF
The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.
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