Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Up 226.0% in March

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 7,600 shares, a growth of 226.0% from the February 26th total of 2,331 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 78,867 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 78,867 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Nicholas Global Equity and Income ETF Stock Up 1.4%

Shares of NYSEARCA GIAX traded up $0.20 during mid-day trading on Wednesday, reaching $14.76. 26,669 shares of the company were exchanged, compared to its average volume of 93,094. Nicholas Global Equity and Income ETF has a 52 week low of $14.20 and a 52 week high of $18.19. The stock has a market capitalization of $79.70 million, a PE ratio of 24.80 and a beta of 1.01. The company’s 50 day moving average price is $15.74 and its 200 day moving average price is $16.69.

Nicholas Global Equity and Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a dividend of $0.0778 per share. This represents a yield of 2,445.0%. This is an increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, February 27th.

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.