Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Up 64.9% in July

Research Affiliates Deletions ETF (NASDAQ:NIXTGet Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 3,865 shares, a growth of 64.9% from the June 30th total of 2,344 shares. Based on an average trading volume of 2,004 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Research Affiliates Deletions ETF

A hedge fund recently raised its position in Research Affiliates Deletions ETF stock. Royal Bank of Canada boosted its stake in shares of Research Affiliates Deletions ETF (NASDAQ:NIXTFree Report) by 355.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,423 shares of the company’s stock after acquiring an additional 17,495 shares during the quarter. Royal Bank of Canada owned 1.79% of Research Affiliates Deletions ETF worth $593,000 at the end of the most recent reporting period.

Research Affiliates Deletions ETF Trading Down 1.0%

NASDAQ NIXT opened at $33.23 on Friday. The stock’s fifty day moving average price is $32.16 and its 200-day moving average price is $29.87. The stock has a market cap of $40.21 million, a P/E ratio of 13.02 and a beta of 1.03. Research Affiliates Deletions ETF has a 12 month low of $23.83 and a 12 month high of $34.00.

Research Affiliates Deletions ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.1408 per share. The ex-dividend date of this dividend was Monday, June 29th.

About Research Affiliates Deletions ETF

(Get Free Report)

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.

Further Reading

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