Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Sees Large Drop in Short Interest

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 815 shares, a decline of 75.8% from the September 30th total of 3,369 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,017 shares, the days-to-cover ratio is presently 0.1 days.

Aztlan North America Nearshoring Stock Selection ETF Stock Down 4.1%

NRSH stock traded down $1.25 during trading on Friday, hitting $29.29. The company had a trading volume of 111 shares, compared to its average volume of 1,883. The firm has a 50-day moving average price of $30.38 and a 200-day moving average price of $29.34. The firm has a market cap of $29.88 million, a PE ratio of 17.11 and a beta of 1.45. Aztlan North America Nearshoring Stock Selection ETF has a 1-year low of $22.16 and a 1-year high of $35.67.

Aztlan North America Nearshoring Stock Selection ETF Company Profile

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.