Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Sees Significant Drop in Short Interest

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 474 shares, a drop of 98.8% from the June 15th total of 41,014 shares. Based on an average daily volume of 163,450 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Nicholas Global Equity and Income ETF Stock Performance

NYSEARCA:GIAX traded down $0.13 during midday trading on Friday, reaching $16.50. 105,006 shares of the stock traded hands, compared to its average volume of 94,133. The stock has a market capitalization of $108.08 million, a P/E ratio of 24.80 and a beta of 1.36. The company has a fifty day moving average of $17.20 and a 200 day moving average of $16.26. Nicholas Global Equity and Income ETF has a 12 month low of $13.26 and a 12 month high of $18.77.

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.