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

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

NovaTide Flexible Allocation ETF Stock Down 0.5%

Shares of NMBL stock traded down $0.11 during trading hours on Tuesday, reaching $20.90. 657 shares of the company’s stock were exchanged, compared to its average volume of 4,347. NovaTide Flexible Allocation ETF has a fifty-two week low of $19.05 and a fifty-two week high of $22.09. The stock has a market capitalization of $41.78 million, a P/E ratio of -11.36 and a beta of 0.96. The business has a fifty day moving average price of $20.90 and a 200-day moving average price of $20.54.

About NovaTide Flexible Allocation ETF

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.