Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,435 shares, an increase of 606.8% from the October 15th total of 486 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 38,178 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On Research Affiliates Deletions ETF
An institutional investor recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC bought a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned 2.05% of Research Affiliates Deletions ETF as of its most recent filing with the SEC.
Research Affiliates Deletions ETF Trading Down 0.5%
Shares of NIXT opened at $36.02 on Wednesday. Research Affiliates Deletions ETF has a twelve month low of $23.83 and a twelve month high of $36.75. The firm has a market capitalization of $66.28 million, a P/E ratio of 17.10 and a beta of 1.02. The stock’s fifty day simple moving average is $34.07 and its 200 day simple moving average is $31.50.
Research Affiliates Deletions ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a $0.0909 dividend. This is a negative change from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408. The ex-dividend date was Monday, September 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.0%.
About Research Affiliates Deletions ETF
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.
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