Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Up 178.2% in March

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 459 shares, an increase of 178.2% from the February 26th total of 165 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,712 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 2,712 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

A hedge fund recently raised its stake in Research Affiliates Deletions ETF stock. Royal Bank of Canada lifted its position in Research Affiliates Deletions ETF (NASDAQ:NIXT) by 355.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,423 shares of the company’s stock after acquiring an additional 17,495 shares during the period. Royal Bank of Canada owned approximately 1.79% of Research Affiliates Deletions ETF worth $593,000 at the end of the most recent quarter.

Research Affiliates Deletions ETF Stock Up 0.7%

Shares of NASDAQ NIXT traded up $0.20 during trading on Wednesday, reaching $27.68. 1,389 shares of the stock were exchanged, compared to its average volume of 3,344. The company has a market capitalization of $34.60 million, a price-to-earnings ratio of 13.02 and a beta of 1.89. The business’s 50-day moving average price is $27.82 and its 200 day moving average price is $26.89. Research Affiliates Deletions ETF has a twelve month low of $19.51 and a twelve month high of $28.77.

Research Affiliates Deletions ETF Company Profile

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.