Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Stock Short Interest Rises 22,952.2%

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 10,604 shares, a growth of 22,952.2% from the August 31st total of 46 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 21,400 shares, the short-interest ratio is currently 0.5 days.

Nicholas Fixed Income Alternative ETF Trading Down 0.1%

Shares of Nicholas Fixed Income Alternative ETF stock traded down $0.01 on Thursday, hitting $17.01. 4,567 shares of the company traded hands, compared to its average volume of 15,842. Nicholas Fixed Income Alternative ETF has a 12-month low of $17.01 and a 12-month high of $18.30. The firm’s 50-day simple moving average is $17.34 and its 200 day simple moving average is $17.50. The company has a market cap of $122.47 million, a P/E ratio of 17.96 and a beta of 0.20.

About Nicholas Fixed Income Alternative ETF

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.