The Nightview Fund (NYSEARCA:NITE) Shares Shorted: Short Interest Up 1,121.7% in September

The Nightview Fund (NYSEARCA:NITE) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 25,326 shares, an increase of 1,121.7% from the August 31st total of 2,073 shares. Based on an average daily volume of 8,101 shares, the short-interest ratio is presently 3.1 days. Approximately 2.9% of the shares of the stock are short sold.

The Nightview Fund Stock Down 0.6%

NITE stock traded down $0.23 during midday trading on Friday, hitting $38.69. The company’s stock had a trading volume of 287 shares, compared to its average volume of 2,361. The Nightview Fund has a 12 month low of $32.52 and a 12 month high of $41.00. The company has a 50 day moving average of $38.74 and a two-hundred day moving average of $37.26. The firm has a market capitalization of $33.27 million, a price-to-earnings ratio of -36.50 and a beta of 1.33.

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.