Short Interest in Research Affiliates Deletions ETF (NASDAQ:NIXT) Expands By 469.7%

Research Affiliates Deletions ETF (NASDAQ:NIXT) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 433 shares, a growth of 469.7% from the January 29th total of 76 shares. Based on an average trading volume of 4,311 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,311 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

A hedge fund recently bought a new stake in Research Affiliates Deletions ETF stock. MAI Capital Management bought a new position in Research Affiliates Deletions ETF (NASDAQ:NIXT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,100 shares of the company’s stock, valued at approximately $29,000. MAI Capital Management owned about 0.09% of Research Affiliates Deletions ETF as of its most recent filing with the Securities and Exchange Commission.

Research Affiliates Deletions ETF Trading Down 0.0%

NIXT traded down $0.01 on Wednesday, hitting $28.36. 750 shares of the stock traded hands, compared to its average volume of 3,585. Research Affiliates Deletions ETF has a 52 week low of $19.51 and a 52 week high of $28.70. The firm has a market capitalization of $35.45 million, a PE ratio of 13.02 and a beta of 1.89. The business has a fifty day moving average price of $27.64 and a two-hundred day moving average price of $26.64.

Research Affiliates Deletions ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.1199 dividend. The ex-dividend date was Tuesday, December 23rd. This is an increase from Research Affiliates Deletions ETF’s previous dividend of $0.10.

About Research Affiliates Deletions ETF

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.