Research Affiliates Deletions ETF (NASDAQ:NIXT) Sees Large Decrease in Short Interest

Research Affiliates Deletions ETF (NASDAQ:NIXTGet Free Report) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,665 shares, a decrease of 88.9% from the August 15th total of 15,033 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,757 shares, the days-to-cover ratio is currently 0.9 days.

Research Affiliates Deletions ETF Stock Up 1.1%

Research Affiliates Deletions ETF stock traded up $0.36 during midday trading on Friday, hitting $33.45. 765 shares of the stock were exchanged, compared to its average volume of 2,387. The stock has a market capitalization of $40.47 million, a PE ratio of 13.02 and a beta of 1.03. The company has a fifty day simple moving average of $33.82 and a two-hundred day simple moving average of $31.23. Research Affiliates Deletions ETF has a 52 week low of $23.83 and a 52 week high of $35.25.

Research Affiliates Deletions ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a dividend of $0.1408 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Trading of Research Affiliates Deletions ETF

A hedge fund recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC acquired a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXTFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned 2.05% of Research Affiliates Deletions ETF at the end of the most recent quarter.

About Research Affiliates Deletions ETF

(Get Free Report)

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.

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