Short Interest in The Nightview Fund (NYSEARCA:NITE) Drops By 46.5%

The Nightview Fund (NYSEARCA:NITE) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 53 shares, a drop of 46.5% from the June 30th total of 99 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 98 shares, the days-to-cover ratio is currently 0.5 days.

The Nightview Fund Price Performance

NYSEARCA:NITE traded down $0.42 during trading hours on Wednesday, reaching $35.35. The company had a trading volume of 124 shares, compared to its average volume of 2,050. The Nightview Fund has a 1-year low of $31.12 and a 1-year high of $40.57. The business’s 50 day moving average price is $37.41 and its 200-day moving average price is $36.44. The firm has a market cap of $30.05 million, a PE ratio of -33.35 and a beta of 1.28.

About The Nightview Fund

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.