The Nightview Fund (NYSEARCA:NITE) Stock Short Interest Jumps 1,121.7%

The Nightview Fund (NYSEARCA:NITE) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 25,326 shares, an increase of 1,121.7% from the August 31st total of 2,073 shares. Based on an average trading volume of 8,101 shares, the short-interest ratio is presently 3.1 days. Approximately 2.9% of the shares of the company are short sold.

The Nightview Fund Trading Down 0.6%

NYSEARCA:NITE traded down $0.24 during mid-day trading on Thursday, hitting $38.92. The stock had a trading volume of 7,470 shares, compared to its average volume of 2,373. The company has a 50 day simple moving average of $38.69 and a 200-day simple moving average of $37.25. The stock has a market capitalization of $33.47 million, a price-to-earnings ratio of -36.72 and a beta of 1.33. The Nightview Fund has a 52 week low of $32.52 and a 52 week high of $41.00.

About The Nightview Fund

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.