Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Update

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 4,167 shares, a decrease of 85.5% from the January 29th total of 28,778 shares. Based on an average daily trading volume, of 121,803 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 121,803 shares, the short-interest ratio is presently 0.0 days.

Nicholas Global Equity and Income ETF Trading Up 1.8%

Shares of NYSEARCA GIAX traded up $0.29 during midday trading on Wednesday, reaching $15.97. 97,255 shares of the company were exchanged, compared to its average volume of 107,758. The stock has a market cap of $86.24 million, a P/E ratio of 24.80 and a beta of 1.01. Nicholas Global Equity and Income ETF has a 1 year low of $14.20 and a 1 year high of $18.63. The stock has a fifty day simple moving average of $16.34 and a 200 day simple moving average of $17.03.

Nicholas Global Equity and Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 23rd. Stockholders of record on Friday, February 20th were issued a $0.0778 dividend. The ex-dividend date of this dividend was Friday, February 20th. This is an increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08. This represents a dividend yield of 2,365.0%.

About Nicholas Global Equity and Income ETF

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.