Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Short Interest Update

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) was the target of a large decline in short interest in April. As of April 15th, there was short interest totaling 20 shares, a decline of 89.5% from the March 31st total of 190 shares. Based on an average daily volume of 18,186 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Nicholas Fixed Income Alternative ETF

A hedge fund recently raised its stake in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC boosted its stake in shares of Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) by 148.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,614 shares of the company’s stock after acquiring an additional 63,138 shares during the period. Flow Traders U.S. LLC owned 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 at the end of the most recent reporting period.

Nicholas Fixed Income Alternative ETF Trading Up 0.3%

Shares of NYSEARCA:FIAX traded up $0.06 on Friday, reaching $17.71. 16,904 shares of the company’s stock were exchanged, compared to its average volume of 19,987. Nicholas Fixed Income Alternative ETF has a twelve month low of $17.29 and a twelve month high of $18.32. The company has a fifty day moving average of $17.63 and a 200-day moving average of $17.87. The company has a market capitalization of $136.72 million, a price-to-earnings ratio of 17.96 and a beta of 0.21.

About Nicholas Fixed Income Alternative ETF

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.