AXS Green Alpha ETF (NYSEARCA:NXTE) Short Interest Down 61.0% in May

AXS Green Alpha ETF (NYSEARCA:NXTE) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 219 shares, a decrease of 61.0% from the May 14th total of 561 shares. Based on an average trading volume of 2,321 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

AXS Green Alpha ETF Trading Down 0.1%

Shares of NXTE traded down $0.07 on Friday, reaching $50.31. The company’s stock had a trading volume of 2,331 shares, compared to its average volume of 2,235. AXS Green Alpha ETF has a twelve month low of $32.81 and a twelve month high of $52.77. The stock has a market capitalization of $55.84 million, a PE ratio of 27.52 and a beta of 1.60. The firm has a fifty day moving average of $46.09 and a 200-day moving average of $42.40.

Institutional Investors Weigh In On AXS Green Alpha ETF

A number of institutional investors and hedge funds have recently made changes to their positions in NXTE. Royal Bank of Canada acquired a new stake in shares of AXS Green Alpha ETF in the 1st quarter worth about $58,000. Invested Advisors acquired a new stake in shares of AXS Green Alpha ETF in the 4th quarter worth about $219,000. PFG Investments LLC acquired a new stake in shares of AXS Green Alpha ETF in the 1st quarter worth about $232,000. Investment Research Partners LLC acquired a new stake in shares of AXS Green Alpha ETF in the 3rd quarter worth about $274,000. Finally, Susquehanna International Group LLP purchased a new stake in AXS Green Alpha ETF in the 3rd quarter valued at about $582,000.

About AXS Green Alpha ETF

The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.