Short Interest in Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Grows By 404.3%

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 95,040 shares, an increase of 404.3% from the November 30th total of 18,845 shares. Based on an average daily volume of 98,745 shares, the short-interest ratio is presently 1.0 days. Approximately 2.2% of the shares of the stock are short sold. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily volume of 98,745 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Nicholas Global Equity and Income ETF

An institutional investor recently bought a new position in Nicholas Global Equity and Income ETF stock. OLD Mission Capital LLC acquired a new stake in shares of Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,245 shares of the company’s stock, valued at approximately $480,000. OLD Mission Capital LLC owned approximately 0.93% of Nicholas Global Equity and Income ETF at the end of the most recent quarter.

Nicholas Global Equity and Income ETF Stock Down 0.5%

NYSEARCA:GIAX opened at $16.78 on Friday. Nicholas Global Equity and Income ETF has a twelve month low of $14.20 and a twelve month high of $19.52. The stock has a market cap of $71.82 million, a P/E ratio of 24.80 and a beta of 1.01. The business’s 50-day moving average price is $17.09 and its two-hundred day moving average price is $17.48.

Nicholas Global Equity and Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 19th were paid a $0.08 dividend. This is a boost from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. This represents a yield of 2,494.0%. The ex-dividend date of this dividend was Friday, December 19th.

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.