Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 15,033 shares, a growth of 101.6% from the July 30th total of 7,458 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,208 shares, the days-to-cover ratio is currently 6.8 days.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

A hedge fund recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC acquired a new stake in Research Affiliates Deletions ETF (NASDAQ:NIXT) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned 2.05% of Research Affiliates Deletions ETF as of its most recent filing with the SEC.

Research Affiliates Deletions ETF Stock Performance

Shares of NIXT stock opened at $34.87 on Monday. Research Affiliates Deletions ETF has a 52 week low of $23.83 and a 52 week high of $35.25. The firm’s 50-day simple moving average is $33.41 and its two-hundred day simple moving average is $30.84. The firm has a market cap of $42.19 million, a price-to-earnings ratio of 13.02 and a beta of 1.02.

Research Affiliates Deletions ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.1408 dividend. The ex-dividend date of this dividend was Monday, June 29th.

About Research Affiliates Deletions ETF

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.