Short Interest in Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Decreases By 94.9%

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 2,706 shares, a decrease of 94.9% from the August 15th total of 52,928 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 179 shares, the short-interest ratio is currently 15.1 days.

Aztlan North America Nearshoring Stock Selection ETF Stock Performance

Shares of NYSEARCA:NRSH traded down $0.40 during trading on Thursday, reaching $29.77. 32 shares of the stock traded hands, compared to its average volume of 1,819. The stock has a market cap of $29.17 million, a P/E ratio of 17.11 and a beta of 1.45. The stock has a 50-day moving average of $31.62 and a two-hundred day moving average of $29.95. Aztlan North America Nearshoring Stock Selection ETF has a 52-week low of $22.16 and a 52-week high of $35.67.

Aztlan North America Nearshoring Stock Selection ETF Company Profile

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a liquidity-weighted index of North American companies that practice transferring business operations to nearby countries. The fund uses a multi-factor model in selecting industrial real estate and logistics companies. NRSH was launched on Nov 29, 2023 and is issued by Aztlan.