Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Short Interest Update

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 192 shares, an increase of 9,500.0% from the February 26th total of 2 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 14,920 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 14,920 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Nicholas Fixed Income Alternative ETF Trading Down 0.3%

Shares of FIAX opened at $17.40 on Wednesday. Nicholas Fixed Income Alternative ETF has a 12 month low of $17.32 and a 12 month high of $18.66. The business’s fifty day simple moving average is $17.79 and its two-hundred day simple moving average is $17.95. The company has a market cap of $140.94 million, a price-to-earnings ratio of 17.96 and a beta of 0.22.

Nicholas Fixed Income Alternative ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 20th. Investors of record on Thursday, February 19th were given a dividend of $0.1199 per share. The ex-dividend date was Thursday, February 19th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Institutional Investors Weigh In On Nicholas Fixed Income Alternative ETF

An institutional investor recently raised its position in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC boosted its position in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) by 148.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 105,614 shares of the company’s stock after purchasing an additional 63,138 shares during the period. Flow Traders U.S. LLC owned about 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 as of its most recent SEC filing.

Nicholas Fixed Income Alternative ETF Company Profile

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.