Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) Stock Short Interest Falls 38.0%

Aztlan North America Nearshoring Stock Selection ETF (NYSEARCA:NRSH) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,679 shares, a drop of 38.0% from the August 31st total of 2,706 shares. Based on an average daily volume of 285 shares, the short-interest ratio is presently 5.9 days. Currently, 0.2% of the shares of the company are sold short.

Aztlan North America Nearshoring Stock Selection ETF Price Performance

Shares of NYSEARCA NRSH traded up $0.58 during trading on Friday, reaching $31.31. 232 shares of the stock traded hands, compared to its average volume of 1,712. The stock has a market capitalization of $33.81 million, a P/E ratio of 17.11 and a beta of 1.45. Aztlan North America Nearshoring Stock Selection ETF has a 52-week low of $22.16 and a 52-week high of $35.67. The company has a 50-day moving average of $30.99 and a 200-day moving average of $30.52.

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.