NestYield Total Return Guard ETF (NYSEARCA:EGGS) Sees Large Decrease in Short Interest

NestYield Total Return Guard ETF (NYSEARCA:EGGS) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 7,230 shares, a decline of 57.9% from the April 30th total of 17,155 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 17,621 shares, the short-interest ratio is currently 0.4 days.

NestYield Total Return Guard ETF Price Performance

NYSEARCA EGGS traded down $0.04 during trading on Monday, hitting $40.12. 4,962 shares of the company’s stock traded hands, compared to its average volume of 7,131. The stock has a fifty day moving average of $37.74 and a two-hundred day moving average of $37.98. NestYield Total Return Guard ETF has a 12-month low of $33.64 and a 12-month high of $44.70. The firm has a market cap of $46.94 million, a P/E ratio of 33.73 and a beta of 1.17.

Hedge Funds Weigh In On NestYield Total Return Guard ETF

A hedge fund recently raised its stake in NestYield Total Return Guard ETF stock. Centaurus Financial Inc. boosted its stake in NestYield Total Return Guard ETF (NYSEARCA:EGGS) by 34.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 705,127 shares of the company’s stock after purchasing an additional 180,157 shares during the period. NestYield Total Return Guard ETF comprises 1.4% of Centaurus Financial Inc.’s investment portfolio, making the stock its 10th largest position. Centaurus Financial Inc. owned 75.82% of NestYield Total Return Guard ETF worth $30,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About NestYield Total Return Guard ETF

The NestYield Total Return Guard ETF (EGGS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income, benefit from the upside value of the equities, and hedge downside risks using a laddered options strategy EGGS was launched on Dec 26, 2024 and is issued by NestYield.