Short Interest in Research Affiliates Deletions ETF (NASDAQ:NIXT) Expands By 178.2%

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 459 shares, an increase of 178.2% from the February 26th total of 165 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,712 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Research Affiliates Deletions ETF

A hedge fund recently bought a new stake in Research Affiliates Deletions ETF stock. MAI Capital Management purchased a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,100 shares of the company’s stock, valued at approximately $29,000. MAI Capital Management owned 0.09% of Research Affiliates Deletions ETF as of its most recent filing with the SEC.

Research Affiliates Deletions ETF Stock Down 2.0%

NASDAQ:NIXT traded down $0.55 during trading hours on Friday, reaching $26.89. The company had a trading volume of 498 shares, compared to its average volume of 3,264. The business’s 50-day simple moving average is $27.81 and its two-hundred day simple moving average is $26.90. Research Affiliates Deletions ETF has a twelve month low of $19.51 and a twelve month high of $28.77. The firm has a market cap of $33.61 million, a price-to-earnings ratio of 13.02 and a beta of 1.89.

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.