Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,665 shares, a decline of 88.9% from the August 15th total of 15,033 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,757 shares, the short-interest ratio is presently 0.9 days.
Research Affiliates Deletions ETF Stock Performance
Shares of NIXT traded up $0.35 on Friday, hitting $33.44. 724 shares of the stock traded hands, compared to its average volume of 2,386. The company has a market capitalization of $40.46 million, a PE ratio of 13.02 and a beta of 1.03. The business has a 50 day simple moving average of $33.81 and a 200 day simple moving average of $31.21. Research Affiliates Deletions ETF has a one year low of $23.83 and a one year high of $35.25.
Research Affiliates Deletions ETF Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a $0.1408 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.7%.
Institutional Investors Weigh In On Research Affiliates Deletions ETF
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.
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