Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) Sees Large Growth in Short Interest

Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 69,569 shares, a growth of 117.1% from the February 26th total of 32,044 shares. Based on an average trading volume of 104,689 shares, the short-interest ratio is currently 0.7 days. Currently, 0.6% of the company’s stock are short sold.

Hedge Funds Weigh In On Range Nuclear Renaissance Index ETF

A number of institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC raised its position in Range Nuclear Renaissance Index ETF by 44,350.0% during the third quarter. CoreCap Advisors LLC now owns 44,450 shares of the company’s stock worth $2,891,000 after acquiring an additional 44,350 shares in the last quarter. Fiduciary Alliance LLC increased its stake in shares of Range Nuclear Renaissance Index ETF by 54.4% during the 3rd quarter. Fiduciary Alliance LLC now owns 42,910 shares of the company’s stock worth $2,791,000 after purchasing an additional 15,125 shares during the last quarter. Somerset Trust Co acquired a new position in shares of Range Nuclear Renaissance Index ETF during the 3rd quarter worth about $684,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of Range Nuclear Renaissance Index ETF in the 3rd quarter valued at about $403,000. Finally, Main Street Group LTD raised its holdings in shares of Range Nuclear Renaissance Index ETF by 15.6% in the 3rd quarter. Main Street Group LTD now owns 31,068 shares of the company’s stock valued at $2,021,000 after purchasing an additional 4,181 shares during the period.

Range Nuclear Renaissance Index ETF Stock Performance

NYSEARCA NUKZ traded down $2.23 during trading hours on Thursday, hitting $66.12. 40,322 shares of the company traded hands, compared to its average volume of 125,212. The business’s 50-day moving average is $70.33 and its 200-day moving average is $67.92. The stock has a market capitalization of $780.22 million, a price-to-earnings ratio of 24.01 and a beta of 1.85. Range Nuclear Renaissance Index ETF has a twelve month low of $32.70 and a twelve month high of $75.03.

Range Nuclear Renaissance Index ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.578 dividend. This represents a dividend yield of 90.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Range Nuclear Renaissance Index ETF

The Range Nuclear Renaissance Index ETF (NUKZ) is an exchange-traded fund that is based on the Range Nuclear Renaissance index. The fund tracks a market cap-weighted index of stocks of companies from around the world that are operating within the nuclear fuel and energy industry. NUKZ was launched on Jan 23, 2024 and is issued by Range.