Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Down 80.9% in December

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 18,165 shares, a drop of 80.9% from the December 15th total of 95,040 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 59,265 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 59,265 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the stock are short sold.

Nicholas Global Equity and Income ETF Stock Down 0.2%

Shares of GIAX traded down $0.04 during trading hours on Tuesday, hitting $17.03. The company had a trading volume of 78,196 shares, compared to its average volume of 97,290. The firm has a market cap of $83.08 million, a P/E ratio of 24.80 and a beta of 1.01. The stock’s 50 day moving average price is $16.89 and its 200 day moving average price is $17.40. Nicholas Global Equity and Income ETF has a 52-week low of $14.20 and a 52-week high of $19.52.

Nicholas Global Equity and Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, January 12th. Stockholders of record on Friday, January 9th were paid a dividend of $0.0778 per share. This represents a dividend yield of 2,402.0%. This is a boost from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, January 9th.

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.