Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Down 98.8% in June

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 474 shares, a drop of 98.8% from the June 15th total of 41,014 shares. Based on an average trading volume of 163,450 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Nicholas Global Equity and Income ETF Price Performance

Shares of GIAX stock traded down $0.13 during midday trading on Friday, reaching $16.50. 105,006 shares of the company traded hands, compared to its average volume of 94,133. The firm’s 50 day simple moving average is $17.20 and its two-hundred day simple moving average is $16.27. The firm has a market cap of $105.27 million, a PE ratio of 24.80 and a beta of 1.36. Nicholas Global Equity and Income ETF has a 1-year low of $13.26 and a 1-year high of $18.77.

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.