Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Shares Shorted: Short Interest Up 22,952.2% in September

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 10,604 shares, an increase of 22,952.2% from the August 31st total of 46 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 21,400 shares, the short-interest ratio is currently 0.5 days.

Nicholas Fixed Income Alternative ETF Price Performance

Shares of NYSEARCA FIAX opened at $17.01 on Friday. Nicholas Fixed Income Alternative ETF has a one year low of $17.01 and a one year high of $18.30. The business’s 50-day moving average price is $17.33 and its two-hundred day moving average price is $17.49. The company has a market capitalization of $122.47 million, a P/E ratio of 17.96 and a beta of 0.20.

Nicholas Fixed Income Alternative ETF Company Profile

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.