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

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,369 shares, an increase of 100.7% from the September 15th total of 1,679 shares. Based on an average daily trading volume, of 606 shares, the short-interest ratio is presently 5.6 days. Approximately 0.3% of the shares of the company are short sold.

Aztlan North America Nearshoring Stock Selection ETF Stock Up 0.1%

Shares of NRSH traded up $0.04 during mid-day trading on Thursday, hitting $29.80. The stock had a trading volume of 56,582 shares, compared to its average volume of 1,959. 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 company has a market cap of $32.18 million, a PE ratio of 17.11 and a beta of 1.45. The company’s fifty day simple moving average is $30.98 and its two-hundred day simple moving average is $30.92.

Aztlan North America Nearshoring Stock Selection ETF Company Profile

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.