Short Interest in NovaTide Flexible Allocation ETF (NYSEARCA:NMBL) Decreases By 61.7%

NovaTide Flexible Allocation ETF (NYSEARCA:NMBL) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 7,577 shares, a drop of 61.7% from the August 15th total of 19,789 shares. Based on an average daily volume of 1,194 shares, the days-to-cover ratio is currently 6.3 days. Approximately 0.7% of the shares of the company are sold short.

NovaTide Flexible Allocation ETF Price Performance

Shares of NYSEARCA:NMBL traded up $0.08 during trading on Friday, reaching $21.14. The company had a trading volume of 814 shares, compared to its average volume of 4,381. NovaTide Flexible Allocation ETF has a fifty-two week low of $19.05 and a fifty-two week high of $22.09. The stock’s fifty day moving average price is $20.89 and its 200 day moving average price is $20.54. The firm has a market capitalization of $22.83 million, a price-to-earnings ratio of -11.49 and a beta of 0.93.

NovaTide Flexible Allocation ETF Company Profile

Nimble Storage, Inc (Nimble Storage) focuses on providing its end-customers with data. The Company’s Predictive Cloud Platform combines predictive analytics, flash storage and multicloud infrastructure to manage operations in on-premises data centers and in the cloud. Its products allow end-customers to deploy workloads flexibly on flash arrays, converged infrastructure and the public cloud. Its operating system includes NimbleOS. NimbleOS runs across all of its All Flash and Adaptive Flash (Hybrid) arrays and powers Nimble Cloud Volumes.