AXS Green Alpha ETF (NYSEARCA:NXTE) Short Interest Up 296.4% in April

AXS Green Alpha ETF (NYSEARCA:NXTE) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 777 shares, an increase of 296.4% from the April 15th total of 196 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,457 shares, the short-interest ratio is currently 0.5 days.

AXS Green Alpha ETF Trading Down 2.8%

NYSEARCA NXTE traded down $1.32 during trading hours on Friday, reaching $46.33. 559 shares of the company’s stock were exchanged, compared to its average volume of 2,186. The stock has a market cap of $51.43 million, a PE ratio of 27.52 and a beta of 1.56. AXS Green Alpha ETF has a one year low of $31.03 and a one year high of $48.49. The firm has a fifty day moving average of $42.25 and a 200-day moving average of $40.98.

Institutional Investors Weigh In On AXS Green Alpha ETF

Large investors have recently bought and sold shares of the business. Invested Advisors acquired a new position in AXS Green Alpha ETF during the 4th quarter worth $219,000. PFG Investments LLC acquired a new position in shares of AXS Green Alpha ETF in the 1st quarter valued at $232,000. Investment Research Partners LLC acquired a new position in shares of AXS Green Alpha ETF in the 3rd quarter valued at $274,000. Susquehanna International Group LLP acquired a new position in shares of AXS Green Alpha ETF in the 3rd quarter valued at $582,000. Finally, Jane Street Group LLC acquired a new position in shares of AXS Green Alpha ETF in the 2nd quarter valued at $696,000.

AXS Green Alpha ETF Company Profile

The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.