Short Interest in Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Drops By 43.3%

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,214 shares, a decrease of 43.3% from the May 31st total of 2,142 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 370 shares, the days-to-cover ratio is presently 3.3 days.

Aztlan North America Nearshoring Stock Selection ETF Price Performance

NYSEARCA:NRSH traded down $1.17 during mid-day trading on Thursday, reaching $32.44. The company’s stock had a trading volume of 95 shares, compared to its average volume of 1,672. The stock has a market cap of $31.79 million, a P/E ratio of 17.11 and a beta of 1.41. The company’s fifty day simple moving average is $32.03 and its two-hundred day simple moving average is $27.49. Aztlan North America Nearshoring Stock Selection ETF has a twelve month low of $20.78 and a twelve month high of $35.67.

About Aztlan North America Nearshoring Stock Selection ETF

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a liquidity-weighted index of North American companies that practice transferring business operations to nearby countries. The fund uses a multi-factor model in selecting industrial real estate and logistics companies. NRSH was launched on Nov 29, 2023 and is issued by Aztlan.