Research Affiliates Deletions ETF (NASDAQ:NIXT) Stock Short Interest Report for September

Research Affiliates Deletions ETF (NASDAQ:NIXT) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 117 shares, a drop of 95.8% from the September 15th total of 2,796 shares. Based on an average trading volume of 7,318 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Research Affiliates Deletions ETF

A hedge fund recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC purchased a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned approximately 2.05% of Research Affiliates Deletions ETF as of its most recent filing with the Securities and Exchange Commission.

Research Affiliates Deletions ETF Stock Performance

Research Affiliates Deletions ETF stock traded up $0.22 during trading on Friday, reaching $33.41. 2,107 shares of the company’s stock were exchanged, compared to its average volume of 2,707. The company’s 50-day moving average is $33.88 and its two-hundred day moving average is $31.99. Research Affiliates Deletions ETF has a 52-week low of $23.83 and a 52-week high of $35.25. The firm has a market cap of $40.43 million, a price-to-earnings ratio of 13.02 and a beta of 1.06.

Research Affiliates Deletions ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a $0.0909 dividend. The ex-dividend date of this dividend was Monday, September 28th. This is a negative change from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408. This represents a $0.36 annualized dividend and a dividend yield of 1.1%.

Research Affiliates Deletions ETF Company Profile

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.