Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,796 shares, a decrease of 78.8% from the June 15th total of 8,490 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,826 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Nicholas Fixed Income Alternative ETF
A hedge fund recently raised its position in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC grew its position in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Free Report) by 148.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,614 shares of the company’s stock after purchasing an additional 63,138 shares during the period. Flow Traders U.S. LLC owned approximately 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 at the end of the most recent quarter.
Nicholas Fixed Income Alternative ETF Stock Down 0.1%
NYSEARCA:FIAX traded down $0.02 during trading hours on Monday, hitting $17.56. 2,314 shares of the stock were exchanged, compared to its average volume of 17,097. The company’s 50 day moving average is $17.60 and its two-hundred day moving average is $17.70. The company has a market capitalization of $131.70 million, a P/E ratio of 17.96 and a beta of 0.20. Nicholas Fixed Income Alternative ETF has a twelve month low of $17.29 and a twelve month high of $18.30.
Nicholas Fixed Income Alternative ETF Company Profile
The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.
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