Short Interest in National Security Emerging Markets Index ETF (NASDAQ:NSI) Declines By 27.5%

National Security Emerging Markets Index ETF (NASDAQ:NSI) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 8,204 shares, a decline of 27.5% from the March 31st total of 11,322 shares. Based on an average daily trading volume, of 1,680 shares, the short-interest ratio is currently 4.9 days. Currently, 0.8% of the shares of the company are sold short.

National Security Emerging Markets Index ETF Trading Up 1.9%

NSI traded up $0.71 on Thursday, hitting $37.95. 1,717 shares of the company’s stock were exchanged, compared to its average volume of 3,081. The stock has a fifty day moving average of $36.48 and a two-hundred day moving average of $35.01. National Security Emerging Markets Index ETF has a twelve month low of $26.34 and a twelve month high of $39.20. The firm has a market cap of $41.37 million, a PE ratio of 13.71 and a beta of 0.56.

Institutional Trading of National Security Emerging Markets Index ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of National Security Emerging Markets Index ETF by 44.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 445,427 shares of the company’s stock worth $14,382,000 after purchasing an additional 136,135 shares during the last quarter. Integrated Advisors Network LLC grew its stake in National Security Emerging Markets Index ETF by 3.5% during the 1st quarter. Integrated Advisors Network LLC now owns 114,697 shares of the company’s stock worth $4,021,000 after buying an additional 3,888 shares during the last quarter. Citadel Advisors LLC bought a new position in National Security Emerging Markets Index ETF during the 3rd quarter worth $370,000. Finally, OLD Mission Capital LLC acquired a new stake in National Security Emerging Markets Index ETF in the fourth quarter worth $324,000.

About National Security Emerging Markets Index ETF

The National Security Emerging Markets Index ETF (NSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an emerging markets index that excludes companies perceived to pose a threat to the US national security. Selected securities are weighted by market-cap. NSI was launched on Dec 6, 2023 and is issued by Tuttle Capital Management.