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 significant increase in short interest in June. As of June 15th, there was short interest totaling 20,757 shares, an increase of 14,215.2% from the May 31st total of 145 shares. Based on an average daily trading volume, of 29,203 shares, the days-to-cover ratio is currently 0.7 days. Approximately 8.3% of the company’s stock are sold short.

Nomura Tax-Free USA Short Term ETF Stock Up 0.1%

Shares of NYSEARCA:STAX opened at $25.49 on Friday. Nomura Tax-Free USA Short Term ETF has a fifty-two week low of $25.29 and a fifty-two week high of $25.75. The firm’s 50 day moving average price is $25.43 and its 200 day moving average price is $25.51.

Institutional Investors Weigh In On 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 position in shares of Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,224 shares of the company’s stock after purchasing an additional 39,878 shares during the period. Jane Street Group LLC owned 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent quarter.

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.