Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Short Interest Down 94.9% in August

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,706 shares, a drop of 94.9% from the August 15th total of 52,928 shares. Based on an average daily volume of 179 shares, the days-to-cover ratio is currently 15.1 days. Approximately 0.3% of the shares of the company are short sold.

Aztlan North America Nearshoring Stock Selection ETF Trading Up 2.0%

Aztlan North America Nearshoring Stock Selection ETF stock traded up $0.61 during mid-day trading on Friday, reaching $30.38. The company’s stock had a trading volume of 32 shares, compared to its average volume of 1,819. Aztlan North America Nearshoring Stock Selection ETF has a twelve month low of $22.16 and a twelve month high of $35.67. The business has a 50 day moving average price of $31.62 and a 200-day moving average price of $29.95. The firm has a market cap of $29.77 million, a price-to-earnings ratio of 17.11 and a beta of 1.45.

Aztlan North America Nearshoring Stock Selection ETF Company Profile

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a liquidity-weighted index of North American companies that practice transferring business operations to nearby countries. The fund uses a multi-factor model in selecting industrial real estate and logistics companies. NRSH was launched on Nov 29, 2023 and is issued by Aztlan.