The Nightview Fund (NYSEARCA:NITE) Short Interest Down 97.1% in May

The Nightview Fund (NYSEARCA:NITE) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 100 shares, a drop of 97.1% from the April 30th total of 3,402 shares. Based on an average daily volume of 643 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

The Nightview Fund Stock Up 1.0%

Shares of NITE traded up $0.39 during trading hours on Friday, reaching $39.60. 23 shares of the company traded hands, compared to its average volume of 2,779. The Nightview Fund has a 12 month low of $28.85 and a 12 month high of $39.60. The company’s fifty day moving average price is $35.89 and its two-hundred day moving average price is $36.14. The company has a market capitalization of $33.26 million, a price-to-earnings ratio of -37.36 and a beta of 1.20.

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.