Short Interest in Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) Drops By 73.1%

Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 25,047 shares, a drop of 73.1% from the August 15th total of 93,152 shares. Based on an average daily volume of 109,187 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Range Nuclear Renaissance Index ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its holdings in Range Nuclear Renaissance Index ETF by 1,094.0% during the third quarter. Parallel Advisors LLC now owns 597 shares of the company’s stock worth $39,000 after buying an additional 547 shares during the period. IFP Advisors Inc increased its position in shares of Range Nuclear Renaissance Index ETF by 3,571.4% during the third quarter. IFP Advisors Inc now owns 771 shares of the company’s stock worth $50,000 after purchasing an additional 750 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Range Nuclear Renaissance Index ETF by 346.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 786 shares of the company’s stock valued at $50,000 after purchasing an additional 610 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Range Nuclear Renaissance Index ETF by 10.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,876 shares of the company’s stock worth $126,000 after purchasing an additional 172 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Range Nuclear Renaissance Index ETF during the 4th quarter worth $334,000.

Range Nuclear Renaissance Index ETF Trading Down 0.4%

Shares of NUKZ traded down $0.26 during trading hours on Friday, reaching $64.46. 91,611 shares of the company traded hands, compared to its average volume of 113,665. The stock’s fifty day moving average price is $65.31 and its 200 day moving average price is $68.41. The firm has a market cap of $766.43 million, a price-to-earnings ratio of 24.01 and a beta of 1.66. Range Nuclear Renaissance Index ETF has a 12-month low of $60.20 and a 12-month high of $77.34.

About Range Nuclear Renaissance Index ETF

The Range Nuclear Renaissance Index ETF (NUKZ) is an exchange-traded fund that is based on the Range Nuclear Renaissance index. The fund tracks a market cap-weighted index of stocks of companies from around the world that are operating within the nuclear fuel and energy industry. NUKZ was launched on Jan 23, 2024 and is issued by Range.