The Nightview Fund (NYSEARCA:NITE) Sees Large Drop in Short Interest

The Nightview Fund (NYSEARCA:NITE) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 100 shares, a decline of 97.1% from the April 30th total of 3,402 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 643 shares, the short-interest ratio is currently 0.2 days.

The Nightview Fund Price Performance

Shares of NYSEARCA NITE traded up $0.82 during midday trading on Thursday, hitting $39.21. 10 shares of the company’s stock were exchanged, compared to its average volume of 2,805. The stock’s 50 day moving average price is $35.81 and its 200-day moving average price is $36.12. The firm has a market cap of $32.94 million, a P/E ratio of -36.99 and a beta of 1.20. The Nightview Fund has a twelve month low of $28.85 and a twelve month high of $39.21.

The Nightview Fund Company Profile

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.