Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Sees Significant Decrease in Short Interest

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,679 shares, a decrease of 38.0% from the August 31st total of 2,706 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 285 shares, the days-to-cover ratio is currently 5.9 days.

Aztlan North America Nearshoring Stock Selection ETF Stock Performance

NYSEARCA:NRSH traded down $0.07 during mid-day trading on Thursday, hitting $30.25. The company had a trading volume of 128 shares, compared to its average volume of 1,712. Aztlan North America Nearshoring Stock Selection ETF has a fifty-two week low of $22.16 and a fifty-two week high of $35.67. The firm has a market cap of $32.67 million, a P/E ratio of 17.11 and a beta of 1.45. The business’s fifty day moving average is $31.01 and its two-hundred day moving average is $30.47.

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.