Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Stock Short Interest Report for October

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 87 shares, a decline of 82.8% from the October 15th total of 507 shares. Based on an average trading volume of 7,524 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Nicholas Fixed Income Alternative ETF Stock Down 0.1%

Shares of FIAX traded down $0.02 during mid-day trading on Friday, hitting $17.18. 9,443 shares of the company’s stock traded hands, compared to its average volume of 15,181. The business’s 50-day moving average price is $17.14 and its 200-day moving average price is $17.48. The firm has a market capitalization of $119.74 million, a P/E ratio of 17.96 and a beta of 0.19. Nicholas Fixed Income Alternative ETF has a 1 year low of $16.93 and a 1 year high of $18.18.

About Nicholas Fixed Income Alternative ETF

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.