Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) Stock Short Interest Drops 54.4%

Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 26,478 shares, a drop of 54.4% from the September 30th total of 58,093 shares. Based on an average daily volume of 118,561 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Range Nuclear Renaissance Index ETF Stock Performance

Shares of NUKZ traded down $1.72 during mid-day trading on Friday, reaching $56.79. The company had a trading volume of 145,025 shares, compared to its average volume of 112,054. The company has a market capitalization of $619.01 million, a price-to-earnings ratio of 24.01 and a beta of 1.69. The firm has a 50-day moving average price of $61.73 and a 200 day moving average price of $67.25. Range Nuclear Renaissance Index ETF has a 52 week low of $55.60 and a 52 week high of $77.34.

Institutional Investors Weigh In On Range Nuclear Renaissance Index ETF

A number of institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC raised its position in shares of Range Nuclear Renaissance Index ETF by 10.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,876 shares of the company’s stock worth $126,000 after purchasing an additional 172 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Range Nuclear Renaissance Index ETF by 9.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,736 shares of the company’s stock valued at $377,000 after purchasing an additional 477 shares during the last quarter. Somerset Trust Co grew its position in Range Nuclear Renaissance Index ETF by 6.7% during the 2nd quarter. Somerset Trust Co now owns 15,204 shares of the company’s stock valued at $1,036,000 after purchasing an additional 951 shares during the last quarter. Silverleafe Capital Partners LLC increased its stake in Range Nuclear Renaissance Index ETF by 1.5% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 143,451 shares of the company’s stock valued at $9,778,000 after purchasing an additional 2,117 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Range Nuclear Renaissance Index ETF by 65.4% in the third quarter. Farther Finance Advisors LLC now owns 6,187 shares of the company’s stock worth $373,000 after buying an additional 2,446 shares during the last quarter.

Range Nuclear Renaissance Index ETF Company Profile

The Range Nuclear Renaissance Index ETF (NUKZ) is an exchange-traded fund that is based on the Range Nuclear Renaissance index. The fund tracks a market cap-weighted index of stocks of companies from around the world that are operating within the nuclear fuel and energy industry. NUKZ was launched on Jan 23, 2024 and is issued by Range.