Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Update

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 138,603 shares, an increase of 29,141.1% from the June 30th total of 474 shares. Based on an average trading volume of 144,279 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.0% of the shares of the stock are short sold.

Nicholas Global Equity and Income ETF Trading Down 3.2%

GIAX stock opened at $15.11 on Friday. The firm has a 50 day moving average of $16.97 and a 200-day moving average of $16.20. The company has a market cap of $102.75 million, a price-to-earnings ratio of 24.80 and a beta of 1.36. Nicholas Global Equity and Income ETF has a 12-month low of $13.26 and a 12-month high of $18.77.

Nicholas Global Equity and Income ETF Company Profile

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.