Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Short Interest Down 96.8% in July

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 252 shares, a decline of 96.8% from the July 15th total of 7,782 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,918 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Nomura Tax-Free USA Short Term ETF

A hedge fund recently raised its stake in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC lifted its holdings in shares of Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 50,224 shares of the company’s stock after acquiring an additional 39,878 shares during the period. Jane Street Group LLC owned approximately 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 as of its most recent filing with the SEC.

Nomura Tax-Free USA Short Term ETF Stock Performance

Shares of NYSEARCA STAX traded down $0.11 during trading hours on Tuesday, reaching $25.24. The stock had a trading volume of 68,368 shares, compared to its average volume of 3,657. The business’s fifty day moving average is $25.41 and its two-hundred day moving average is $25.48. Nomura Tax-Free USA Short Term ETF has a twelve month low of $25.09 and a twelve month high of $25.75.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.