AXS Green Alpha ETF (NYSEARCA:NXTE) Short Interest Update

AXS Green Alpha ETF (NYSEARCA:NXTE) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 2,800 shares, a growth of 89.7% from the August 15th total of 1,476 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 2,394 shares, the short-interest ratio is currently 1.2 days.

AXS Green Alpha ETF Stock Performance

Shares of NYSEARCA:NXTE traded down $0.13 on Wednesday, hitting $46.12. The company’s stock had a trading volume of 861 shares, compared to its average volume of 2,963. AXS Green Alpha ETF has a 12 month low of $35.99 and a 12 month high of $54.97. The company has a market capitalization of $92.19 million, a price-to-earnings ratio of 27.52 and a beta of 1.61. The stock’s 50-day moving average is $47.41 and its two-hundred day moving average is $46.24.

AXS Green Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 25th were issued a $0.1169 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from AXS Green Alpha ETF’s previous quarterly dividend of $0.05. This represents a $0.47 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On AXS Green Alpha ETF

Large investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new stake in shares of AXS Green Alpha ETF in the 2nd quarter worth approximately $449,000. Royal Bank of Canada bought a new position in shares of AXS Green Alpha ETF in the first quarter valued at approximately $58,000. Finally, PFG Investments LLC bought a new position in shares of AXS Green Alpha ETF in the first quarter valued at approximately $232,000.

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.