NestYield Total Return Guard ETF (NYSEARCA:EGGS) Short Interest Down 57.9% in May

NestYield Total Return Guard ETF (NYSEARCA:EGGS) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 7,230 shares, a decline of 57.9% from the April 30th total of 17,155 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 17,621 shares, the days-to-cover ratio is currently 0.4 days.

NestYield Total Return Guard ETF Price Performance

Shares of NYSEARCA:EGGS traded down $0.34 during mid-day trading on Friday, reaching $40.16. 6,870 shares of the company traded hands, compared to its average volume of 7,153. The company’s 50 day moving average price is $37.67 and its 200-day moving average price is $38.02. The firm has a market cap of $46.99 million, a PE ratio of 33.73 and a beta of 1.17. NestYield Total Return Guard ETF has a 52 week low of $33.64 and a 52 week high of $44.70.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NestYield Total Return Guard ETF stock. Centaurus Financial Inc. increased its holdings in NestYield Total Return Guard ETF (NYSEARCA:EGGS) by 8.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,044,784 shares of the company’s stock after purchasing an additional 77,294 shares during the period. NestYield Total Return Guard ETF accounts for 1.7% of Centaurus Financial Inc.’s holdings, making the stock its 7th biggest holding. Centaurus Financial Inc. owned 89.30% of NestYield Total Return Guard ETF worth $36,231,000 as of its most recent SEC filing.

About NestYield Total Return Guard ETF

The NestYield Total Return Guard ETF (EGGS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income, benefit from the upside value of the equities, and hedge downside risks using a laddered options strategy EGGS was launched on Dec 26, 2024 and is issued by NestYield.