Short Interest in National Security Emerging Markets Index ETF (NASDAQ:NSI) Expands By 69.2%

National Security Emerging Markets Index ETF (NASDAQ:NSI) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 14,463 shares, an increase of 69.2% from the January 29th total of 8,549 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily volume of 2,590 shares, the short-interest ratio is presently 5.6 days. Based on an average daily volume of 2,590 shares, the short-interest ratio is presently 5.6 days. Approximately 1.5% of the company’s stock are sold short.

Hedge Funds Weigh In On National Security Emerging Markets Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of NSI. Envestnet Asset Management Inc. grew its holdings in shares of National Security Emerging Markets Index ETF by 44.0% in the third quarter. Envestnet Asset Management Inc. now owns 445,427 shares of the company’s stock worth $14,382,000 after acquiring an additional 136,135 shares during the period. Integrated Advisors Network LLC increased its holdings in National Security Emerging Markets Index ETF by 7.3% during the fourth quarter. Integrated Advisors Network LLC now owns 110,809 shares of the company’s stock valued at $3,705,000 after buying an additional 7,520 shares during the last quarter. Citadel Advisors LLC bought a new position in National Security Emerging Markets Index ETF in the third quarter worth approximately $370,000. Finally, OLD Mission Capital LLC bought a new position in National Security Emerging Markets Index ETF in the fourth quarter worth approximately $324,000.

National Security Emerging Markets Index ETF Stock Performance

Shares of NSI stock traded down $0.23 during mid-day trading on Friday, hitting $38.24. The company’s stock had a trading volume of 9,195 shares, compared to its average volume of 3,572. The stock has a market cap of $37.86 million, a price-to-earnings ratio of 13.71 and a beta of 0.45. National Security Emerging Markets Index ETF has a 52-week low of $22.81 and a 52-week high of $39.20. The business has a 50-day moving average price of $35.93 and a 200 day moving average price of $33.53.

National Security Emerging Markets Index ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were given a $0.2562 dividend. This is a boost from National Security Emerging Markets Index ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Wednesday, December 17th.

About National Security Emerging Markets Index ETF

The National Security Emerging Markets Index ETF (NSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an emerging markets index that excludes companies perceived to pose a threat to the US national security. Selected securities are weighted by market-cap. NSI was launched on Dec 6, 2023 and is issued by Tuttle Capital Management.