Short Interest in Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Declines By 80.9%

Nicholas Global Equity and Income ETF (NYSEARCA:GIAXGet Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 18,165 shares, a decrease of 80.9% from the December 15th total of 95,040 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 59,265 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 59,265 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are short sold.

Nicholas Global Equity and Income ETF Price Performance

NYSEARCA:GIAX traded down $0.04 during trading hours on Tuesday, hitting $17.03. The company had a trading volume of 78,196 shares, compared to its average volume of 97,290. The stock has a 50-day moving average price of $16.89 and a 200 day moving average price of $17.40. The company has a market capitalization of $83.08 million, a PE ratio of 24.80 and a beta of 1.01. Nicholas Global Equity and Income ETF has a 52 week low of $14.20 and a 52 week high of $19.52.

Nicholas Global Equity and Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, January 12th. Investors of record on Friday, January 9th were given a dividend of $0.0778 per share. This is an increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. This represents a dividend yield of 2,402.0%. The ex-dividend date was Friday, January 9th.

Nicholas Global Equity and Income ETF Company Profile

(Get Free Report)

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.

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