Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Short Interest Update

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 353 shares, a growth of 2,615.4% from the April 15th total of 13 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,949 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Nomura Tax-Free USA Short Term ETF

An institutional investor recently raised its position in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC increased its holdings in Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,224 shares of the company’s stock after acquiring an additional 39,878 shares during the quarter. Jane Street Group LLC owned about 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 as of its most recent filing with the Securities & Exchange Commission.

Nomura Tax-Free USA Short Term ETF Trading Down 0.0%

STAX traded down $0.01 during trading on Monday, hitting $25.41. 176 shares of the stock traded hands, compared to its average volume of 511. The firm has a 50-day moving average of $25.50 and a 200 day moving average of $25.53. Nomura Tax-Free USA Short Term ETF has a 12-month low of $25.15 and a 12-month high of $25.75.

Nomura Tax-Free USA Short Term ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were given a dividend of $0.0713 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Friday, February 27th. This is an increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.07.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.