Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Update

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 95,040 shares, a growth of 404.3% from the November 30th total of 18,845 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average trading volume of 98,745 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 98,745 shares, the short-interest ratio is currently 1.0 days. Approximately 2.2% of the company’s stock are short sold.

Nicholas Global Equity and Income ETF Stock Performance

NYSEARCA:GIAX opened at $16.86 on Thursday. The stock has a market cap of $72.16 million, a price-to-earnings ratio of 24.80 and a beta of 1.01. Nicholas Global Equity and Income ETF has a one year low of $14.20 and a one year high of $19.52. The business’s 50-day simple moving average is $17.11 and its 200 day simple moving average is $17.49.

Nicholas Global Equity and Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 19th were paid a dividend of $0.08 per share. This is an increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. The ex-dividend date was Friday, December 19th. This represents a dividend yield of 2,494.0%.

Institutional Trading of Nicholas Global Equity and Income ETF

A hedge fund recently bought a new stake in Nicholas Global Equity and Income ETF stock. OLD Mission Capital LLC bought a new position in shares of Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 29,245 shares of the company’s stock, valued at approximately $480,000. OLD Mission Capital LLC owned about 0.93% of Nicholas Global Equity and Income ETF as of its most recent SEC filing.

About Nicholas Global Equity and Income ETF

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.