Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Up 64.9% in July

Research Affiliates Deletions ETF (NASDAQ:NIXTGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,865 shares, an increase of 64.9% from the June 30th total of 2,344 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 2,004 shares, the days-to-cover ratio is currently 1.9 days.

Research Affiliates Deletions ETF Stock Performance

Shares of Research Affiliates Deletions ETF stock traded down $0.46 during trading hours on Friday, reaching $33.12. The company’s stock had a trading volume of 3,449 shares, compared to its average volume of 2,441. Research Affiliates Deletions ETF has a one year low of $23.83 and a one year high of $34.00. The company’s 50 day simple moving average is $32.12 and its 200 day simple moving average is $29.85. The stock has a market cap of $40.08 million, a P/E ratio of 13.02 and a beta of 1.03.

Research Affiliates Deletions ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.1408 per share. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Research Affiliates Deletions ETF stock. Royal Bank of Canada grew its position in Research Affiliates Deletions ETF (NASDAQ:NIXTFree Report) by 355.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,423 shares of the company’s stock after purchasing an additional 17,495 shares during the period. Royal Bank of Canada owned approximately 1.79% of Research Affiliates Deletions ETF worth $593,000 as of its most recent SEC filing.

Research Affiliates Deletions ETF Company Profile

(Get Free Report)

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.

Further Reading

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