Short Interest in NovaTide Flexible Allocation ETF (NYSEARCA:NMBL) Decreases By 61.7%

NovaTide Flexible Allocation ETF (NYSEARCA:NMBL) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 7,577 shares, a decrease of 61.7% from the August 15th total of 19,789 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 1,194 shares, the days-to-cover ratio is currently 6.3 days.

NovaTide Flexible Allocation ETF Stock Performance

Shares of NYSEARCA:NMBL traded up $0.08 during trading on Friday, hitting $21.14. The company’s stock had a trading volume of 814 shares, compared to its average volume of 4,381. The business has a 50 day moving average price of $20.89 and a two-hundred day moving average price of $20.54. The company has a market capitalization of $22.83 million, a PE ratio of -11.49 and a beta of 0.93. NovaTide Flexible Allocation ETF has a fifty-two week low of $19.05 and a fifty-two week high of $22.09.

About NovaTide Flexible Allocation ETF

Nimble Storage, Inc (Nimble Storage) focuses on providing its end-customers with data. The Company’s Predictive Cloud Platform combines predictive analytics, flash storage and multicloud infrastructure to manage operations in on-premises data centers and in the cloud. Its products allow end-customers to deploy workloads flexibly on flash arrays, converged infrastructure and the public cloud. Its operating system includes NimbleOS. NimbleOS runs across all of its All Flash and Adaptive Flash (Hybrid) arrays and powers Nimble Cloud Volumes.