Short Interest in Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Drops By 43.3%

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,214 shares, a decrease of 43.3% from the May 31st total of 2,142 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 370 shares, the short-interest ratio is presently 3.3 days.

Aztlan North America Nearshoring Stock Selection ETF Price Performance

Shares of NYSEARCA:NRSH traded down $0.74 during trading on Wednesday, hitting $33.61. 2,334 shares of the company’s stock were exchanged, compared to its average volume of 1,685. Aztlan North America Nearshoring Stock Selection ETF has a 52-week low of $20.78 and a 52-week high of $35.67. The business’s 50-day simple moving average is $31.95 and its 200 day simple moving average is $27.42. The company has a market cap of $31.26 million, a price-to-earnings ratio of 17.11 and a beta of 1.45.

About Aztlan North America Nearshoring Stock Selection ETF

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a liquidity-weighted index of North American companies that practice transferring business operations to nearby countries. The fund uses a multi-factor model in selecting industrial real estate and logistics companies. NRSH was launched on Nov 29, 2023 and is issued by Aztlan.