Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Stock Short Interest Report for October

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 5,325 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 5,387 shares, the short-interest ratio is currently 1.0 days.

Nomura Tax-Free USA Short Term ETF Stock Performance

Shares of NYSEARCA STAX opened at $25.08 on Monday. The firm’s 50 day simple moving average is $25.00 and its two-hundred day simple moving average is $25.36. Nomura Tax-Free USA Short Term ETF has a one year low of $24.66 and a one year high of $25.75.

Nomura Tax-Free USA Short Term ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Friday, October 30th will be paid a $0.0795 dividend. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.0674. This represents a $0.95 annualized dividend and a yield of 3.8%.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.