Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 433 shares, an increase of 469.7% from the January 29th total of 76 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,311 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 4,311 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Research Affiliates Deletions ETF Stock Performance

NASDAQ NIXT traded down $0.01 during trading on Wednesday, reaching $28.36. The company’s stock had a trading volume of 750 shares, compared to its average volume of 3,585. The business’s fifty day moving average price is $27.64 and its 200-day moving average price is $26.64. Research Affiliates Deletions ETF has a twelve month low of $19.51 and a twelve month high of $28.70. The firm has a market cap of $35.45 million, a price-to-earnings ratio of 13.02 and a beta of 1.89.

Research Affiliates Deletions ETF Increases Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Research Affiliates Deletions ETF stock. Royal Bank of Canada grew its stake in Research Affiliates Deletions ETF (NASDAQ:NIXT) by 2,137.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,567 shares of the company’s stock after purchasing an additional 32,067 shares during the period. Royal Bank of Canada owned approximately 2.43% of Research Affiliates Deletions ETF worth $777,000 at the end of the most recent reporting period.

About Research Affiliates Deletions ETF

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.