NestYield Total Return Guard ETF (NYSEARCA:EGGS) Sees Significant Increase in Short Interest

NestYield Total Return Guard ETF (NYSEARCA:EGGS) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 33,247 shares, an increase of 359.8% from the May 14th total of 7,230 shares. Approximately 2.8% of the shares of the company are sold short. Based on an average trading volume of 14,822 shares, the short-interest ratio is presently 2.2 days.

NestYield Total Return Guard ETF Price Performance

Shares of EGGS traded up $1.96 during mid-day trading on Thursday, reaching $41.02. 8,515 shares of the company’s stock were exchanged, compared to its average volume of 7,486. The stock has a market capitalization of $47.99 million, a PE ratio of 33.73 and a beta of 1.21. The business’s fifty day simple moving average is $38.52 and its 200-day simple moving average is $38.00. NestYield Total Return Guard ETF has a 52-week low of $33.64 and a 52-week high of $44.70.

Hedge Funds Weigh In On NestYield Total Return Guard ETF

A hedge fund recently raised its stake in NestYield Total Return Guard ETF stock. Centaurus Financial Inc. lifted its holdings in shares of NestYield Total Return Guard ETF (NYSEARCA:EGGS) by 8.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,044,784 shares of the company’s stock after acquiring an additional 77,294 shares during the period. NestYield Total Return Guard ETF accounts for about 1.7% of Centaurus Financial Inc.’s holdings, making the stock its 7th biggest position. Centaurus Financial Inc. owned approximately 89.30% of NestYield Total Return Guard ETF worth $36,231,000 at the end of the most recent quarter.

About NestYield Total Return Guard ETF

The NestYield Total Return Guard ETF (EGGS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income, benefit from the upside value of the equities, and hedge downside risks using a laddered options strategy EGGS was launched on Dec 26, 2024 and is issued by NestYield.