Strive Small-Cap ETF (NYSEARCA:STXK) Sees Large Drop in Short Interest

Strive Small-Cap ETF (NYSEARCA:STXK) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 3,500 shares, a decline of 85.8% from the May 15th total of 24,700 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.3 days.

Strive Small-Cap ETF Price Performance

Shares of NYSEARCA STXK opened at $30.21 on Thursday. The company has a market capitalization of $60.42 million, a price-to-earnings ratio of 15.31 and a beta of 1.29. The business has a 50-day moving average of $28.21 and a two-hundred day moving average of $30.25. Strive Small-Cap ETF has a 1 year low of $24.47 and a 1 year high of $34.53.

Strive Small-Cap ETF Company Profile

The Strive Small-Cap ETF (STXK) is an exchange-traded fund that is based on the Bloomberg US 600 index. The fund tracks a market cap-weighted index of the 600 smallest US companies in the Bloomberg US 1500 Index. STXK was launched on Nov 11, 2022 and is issued by Alpha Architect.