Research Affiliates Deletions ETF (NASDAQ:NIXT) Short Interest Update

Research Affiliates Deletions ETF (NASDAQ:NIXT) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 337 shares, a decrease of 52.5% from the November 30th total of 710 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,976 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,976 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Research Affiliates Deletions ETF Trading Down 0.7%

Shares of NASDAQ:NIXT traded down $0.19 during midday trading on Monday, hitting $26.72. The stock had a trading volume of 4,349 shares, compared to its average volume of 10,548. Research Affiliates Deletions ETF has a 1 year low of $19.51 and a 1 year high of $27.76. The stock has a 50 day moving average price of $26.20 and a two-hundred day moving average price of $25.81. The company has a market capitalization of $34.47 million, a PE ratio of 13.02 and a beta of 1.89.

Research Affiliates Deletions ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1199 per share. The ex-dividend date was Tuesday, December 23rd. This is a positive change from Research Affiliates Deletions ETF’s previous dividend of $0.10.

Institutional Trading of Research Affiliates Deletions ETF

Several hedge funds have recently modified their holdings of NIXT. Signature Estate & Investment Advisors LLC grew its holdings in Research Affiliates Deletions ETF by 13.1% during the first quarter. Signature Estate & Investment Advisors LLC now owns 8,901 shares of the company’s stock worth $206,000 after acquiring an additional 1,032 shares during the period. MAI Capital Management purchased a new stake in shares of Research Affiliates Deletions ETF during the 3rd quarter worth $29,000. Moloney Securities Asset Management LLC acquired a new position in shares of Research Affiliates Deletions ETF during the 2nd quarter worth $218,000. Finally, Royal Bank of Canada increased its holdings in shares of Research Affiliates Deletions ETF by 2,137.8% in the 1st quarter. Royal Bank of Canada now owns 33,567 shares of the company’s stock valued at $777,000 after purchasing an additional 32,067 shares in the last quarter.

About Research Affiliates Deletions ETF

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.