Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Update

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 11,095 shares, a decline of 38.9% from the December 31st total of 18,165 shares. Based on an average trading volume of 92,676 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 92,676 shares, the short-interest ratio is presently 0.1 days.

Nicholas Global Equity and Income ETF Stock Down 3.2%

GIAX traded down $0.53 during trading on Friday, reaching $16.23. 189,005 shares of the company’s stock were exchanged, compared to its average volume of 119,870. The company has a market capitalization of $86.34 million, a P/E ratio of 24.80 and a beta of 1.01. The business has a 50 day moving average price of $16.80 and a 200 day moving average price of $17.30. Nicholas Global Equity and Income ETF has a fifty-two week low of $14.20 and a fifty-two week high of $19.22.

Nicholas Global Equity and Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 30th will be given a dividend of $0.0778 per share. This is an increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. The ex-dividend date is Friday, January 30th. This represents a dividend yield of 2,489.0%.

Nicholas Global Equity and Income ETF Company Profile

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.