National Security Emerging Markets Index ETF (NASDAQ:NSI) Short Interest Down 45.9% in December

National Security Emerging Markets Index ETF (NASDAQ:NSI) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 8,437 shares, a decline of 45.9% from the November 30th total of 15,581 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 5,264 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 5,264 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.9% of the company’s stock are short sold.

National Security Emerging Markets Index ETF Trading Up 0.7%

NASDAQ:NSI traded up $0.24 during trading hours on Friday, reaching $33.61. 3,002 shares of the company traded hands, compared to its average volume of 5,511. The business’s 50-day moving average price is $33.14 and its two-hundred day moving average price is $31.46. National Security Emerging Markets Index ETF has a 1 year low of $22.81 and a 1 year high of $33.96. The stock has a market capitalization of $31.59 million, a P/E ratio of 13.71 and a beta of 0.45.

National Security Emerging Markets Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 17th were given a dividend of $0.2562 per share. This is a positive change from National Security Emerging Markets Index ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Wednesday, December 17th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in NSI. Envestnet Asset Management Inc. grew its holdings in shares of National Security Emerging Markets Index ETF by 442.2% during the second quarter. Envestnet Asset Management Inc. now owns 309,292 shares of the company’s stock valued at $9,102,000 after buying an additional 252,252 shares during the last quarter. Integrated Advisors Network LLC lifted its position in National Security Emerging Markets Index ETF by 1.3% in the 3rd quarter. Integrated Advisors Network LLC now owns 103,289 shares of the company’s stock valued at $3,335,000 after acquiring an additional 1,318 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in National Security Emerging Markets Index ETF in the 3rd quarter valued at approximately $370,000.

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.