Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 15,033 shares, a growth of 101.6% from the July 30th total of 7,458 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 2,208 shares, the short-interest ratio is presently 6.8 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Research Affiliates Deletions ETF stock. Royal Bank of Canada boosted its holdings in Research Affiliates Deletions ETF (NASDAQ:NIXT – Free Report) by 355.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,423 shares of the company’s stock after buying an additional 17,495 shares during the period. Royal Bank of Canada owned approximately 1.79% of Research Affiliates Deletions ETF worth $593,000 as of its most recent filing with the Securities and Exchange Commission.
Research Affiliates Deletions ETF Stock Down 0.1%
Shares of NASDAQ:NIXT opened at $34.87 on Friday. The firm has a market capitalization of $42.19 million, a PE ratio of 13.02 and a beta of 1.02. Research Affiliates Deletions ETF has a twelve month low of $23.83 and a twelve month high of $35.25. The company has a 50-day moving average price of $33.41 and a two-hundred day moving average price of $30.83.
Research Affiliates Deletions ETF Dividend Announcement
Research Affiliates Deletions ETF Company Profile
The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.
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