Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

Research Affiliates Deletions ETF (NASDAQ:NIXTGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 710 shares, an increase of 54.7% from the March 15th total of 459 shares. Based on an average daily trading volume, of 1,455 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Research Affiliates Deletions ETF

A hedge fund recently raised its stake in Research Affiliates Deletions ETF stock. Royal Bank of Canada increased its stake in Research Affiliates Deletions ETF (NASDAQ:NIXTFree Report) by 2,137.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,567 shares of the company’s stock after purchasing an additional 32,067 shares during the period. Royal Bank of Canada owned 2.43% of Research Affiliates Deletions ETF worth $777,000 as of its most recent filing with the Securities & Exchange Commission.

Research Affiliates Deletions ETF Stock Up 0.9%

Shares of Research Affiliates Deletions ETF stock opened at $29.92 on Thursday. The firm’s 50 day moving average price is $28.00 and its 200-day moving average price is $27.09. The company has a market cap of $36.50 million, a P/E ratio of 13.02 and a beta of 1.09. Research Affiliates Deletions ETF has a 52-week low of $20.66 and a 52-week high of $29.92.

Research Affiliates Deletions ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a $0.0691 dividend. The ex-dividend date was Monday, March 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.9%.

About Research Affiliates Deletions ETF

(Get Free Report)

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.

Further Reading

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