Praxis Impact Large Cap Value ETF (NYSEARCA:PRXV) Sees Large Decline in Short Interest

Praxis Impact Large Cap Value ETF (NYSEARCA:PRXV) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,731 shares, a drop of 38.8% from the September 30th total of 4,459 shares. Based on an average daily volume of 7,247 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Praxis Impact Large Cap Value ETF Stock Down 0.1%

Shares of PRXV stock traded down $0.05 during trading hours on Tuesday, reaching $36.57. 986 shares of the stock traded hands, compared to its average volume of 7,810. The business has a fifty day moving average price of $35.74 and a 200 day moving average price of $33.91. Praxis Impact Large Cap Value ETF has a 1-year low of $29.01 and a 1-year high of $36.76. The firm has a market capitalization of $95.81 million, a PE ratio of 18.61 and a beta of 0.49.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Praxis Impact Large Cap Value ETF stock. EverSource Wealth Advisors LLC lifted its stake in shares of Praxis Impact Large Cap Value ETF (NYSEARCA:PRXV) by 71.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,362,628 shares of the company’s stock after purchasing an additional 986,740 shares during the period. Praxis Impact Large Cap Value ETF makes up about 2.2% of EverSource Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest position. EverSource Wealth Advisors LLC owned approximately 111.44% of Praxis Impact Large Cap Value ETF worth $73,454,000 as of its most recent filing with the Securities and Exchange Commission.

About Praxis Impact Large Cap Value ETF

The Praxis Impact Large Cap Value ETF (PRXV) is an exchange-traded fund that is based on the CRSP US Large Cap Value index. The Praxis Impact Large Cap Value ETF seeks capital appreciation. PRXV was launched on Apr 8, 2025 and is issued by Praxis.