Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Down 61.9% in February

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 165 shares, a decrease of 61.9% from the February 12th total of 433 shares. Based on an average trading volume of 3,825 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 3,825 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

An institutional investor recently bought a new position in Research Affiliates Deletions ETF stock. MAI Capital Management acquired a new stake in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,100 shares of the company’s stock, valued at approximately $29,000. MAI Capital Management owned 0.09% of Research Affiliates Deletions ETF as of its most recent SEC filing.

Research Affiliates Deletions ETF Price Performance

NIXT opened at $27.47 on Wednesday. The firm has a market cap of $34.34 million, a PE ratio of 13.02 and a beta of 1.89. The stock has a 50-day moving average price of $27.85 and a 200-day moving average price of $26.82. Research Affiliates Deletions ETF has a 1 year low of $19.51 and a 1 year high of $28.77.

Research Affiliates Deletions ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were issued a $0.1199 dividend. This is a boost from Research Affiliates Deletions ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 23rd.

Research Affiliates Deletions ETF Company Profile

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.