Research Affiliates Deletions ETF (NASDAQ:NIXT) Stock Short Interest Report for October

Research Affiliates Deletions ETF (NASDAQ:NIXT) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,435 shares, an increase of 606.8% from the October 15th total of 486 shares. Based on an average daily trading volume, of 38,178 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Research Affiliates Deletions ETF Stock Down 0.5%

Research Affiliates Deletions ETF stock opened at $36.02 on Wednesday. Research Affiliates Deletions ETF has a 52-week low of $23.83 and a 52-week high of $36.75. The firm has a fifty day moving average of $34.07 and a 200-day moving average of $31.50. The firm has a market capitalization of $66.28 million, a P/E ratio of 17.10 and a beta of 1.02.

Research Affiliates Deletions ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.0909 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, September 28th. This is a negative change from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408.

Institutional Trading of Research Affiliates Deletions ETF

An institutional investor recently bought a new stake in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC acquired a new stake in Research Affiliates Deletions ETF (NASDAQ:NIXT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent reporting period.

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.