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

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 138,603 shares, a growth of 29,141.1% from the June 30th total of 474 shares. Based on an average daily volume of 144,279 shares, the days-to-cover ratio is currently 1.0 days. Approximately 2.0% of the company’s shares are sold short.

Nicholas Global Equity and Income ETF Price Performance

Shares of NYSEARCA GIAX opened at $15.11 on Friday. The company has a market cap of $102.75 million, a P/E ratio of 24.80 and a beta of 1.36. Nicholas Global Equity and Income ETF has a 1 year low of $13.26 and a 1 year high of $18.77. The firm has a 50-day simple moving average of $16.97 and a two-hundred day simple moving average of $16.20.

Nicholas Global Equity and Income ETF Company Profile

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.