Short Interest in The Nightview Fund (NYSEARCA:NITE) Increases By 61.0%

The Nightview Fund (NYSEARCA:NITE) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 161 shares, an increase of 61.0% from the May 14th total of 100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 284 shares, the days-to-cover ratio is currently 0.6 days.

The Nightview Fund Stock Performance

Shares of NITE opened at $37.87 on Wednesday. The firm has a market cap of $31.81 million, a price-to-earnings ratio of -35.73 and a beta of 1.24. The Nightview Fund has a fifty-two week low of $29.72 and a fifty-two week high of $40.57. The firm has a 50 day moving average price of $37.15 and a 200-day moving average price of $36.46.

About The Nightview Fund

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.