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

Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 26,478 shares, a decrease of 54.4% from the September 30th total of 58,093 shares. Based on an average trading volume of 118,561 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

Range Nuclear Renaissance Index ETF Price Performance

Shares of NUKZ traded down $1.72 during trading hours on Friday, hitting $56.79. 145,025 shares of the company were exchanged, compared to its average volume of 112,054. The company has a market capitalization of $619.01 million, a PE ratio of 24.01 and a beta of 1.69. The firm has a fifty day simple moving average of $61.90 and a 200-day simple moving average of $67.31. Range Nuclear Renaissance Index ETF has a one year low of $55.60 and a one year high of $77.34.

Institutional Investors Weigh In On Range Nuclear Renaissance Index ETF

Several hedge funds have recently modified their holdings of the stock. Arkadios Wealth Advisors acquired a new position in shares of Range Nuclear Renaissance Index ETF in the 1st quarter valued at $2,896,000. Main Street Group LTD increased its stake in Range Nuclear Renaissance Index ETF by 100.7% in the 1st quarter. Main Street Group LTD now owns 83,185 shares of the company’s stock worth $5,471,000 after purchasing an additional 41,740 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in Range Nuclear Renaissance Index ETF by 21.5% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 136,010 shares of the company’s stock worth $8,192,000 after purchasing an additional 24,113 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Range Nuclear Renaissance Index ETF by 65.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,187 shares of the company’s stock worth $373,000 after buying an additional 2,446 shares during the period. Finally, Somerset Trust Co raised its holdings in Range Nuclear Renaissance Index ETF by 6.7% during the 2nd quarter. Somerset Trust Co now owns 15,204 shares of the company’s stock worth $1,036,000 after buying an additional 951 shares during the period.

Range Nuclear Renaissance Index ETF Company Profile

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.