Short Interest in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Declines By 68.7%

Posted by Teresa Graham on Jun 11th, 2026

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 631 shares, a drop of 68.7% from the May 14th total of 2,015 shares. Based on an average daily volume of 10,681 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Nicholas Fixed Income Alternative ETF Price Performance

NYSEARCA FIAX remained flat at $17.58 during trading on Thursday. The company’s stock had a trading volume of 1,901 shares, compared to its average volume of 17,210. The firm has a market capitalization of $133.96 million, a P/E ratio of 17.96 and a beta of 0.21. The company has a 50-day moving average of $17.61 and a 200-day moving average of $17.78. Nicholas Fixed Income Alternative ETF has a fifty-two week low of $17.29 and a fifty-two week high of $18.32.

Institutional Investors Weigh In On Nicholas Fixed Income Alternative ETF

A hedge fund recently raised its stake in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC increased its holdings in shares of Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Free Report) by 148.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 105,614 shares of the company’s stock after acquiring an additional 63,138 shares during the period. Flow Traders U.S. LLC owned about 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 at the end of the most recent quarter.

Nicholas Fixed Income Alternative ETF Company Profile

(Get Free Report)

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.