Short Interest in The Nightview Fund (NYSEARCA:NITE) Increases By ∞

The Nightview Fund (NYSEARCA:NITE) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,228 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 4,428 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

The Nightview Fund Stock Performance

NITE stock traded up $0.04 during midday trading on Friday, reaching $40.69. 103 shares of the company traded hands, compared to its average volume of 2,068. The firm has a market capitalization of $34.59 million, a price-to-earnings ratio of -38.39 and a beta of 1.29. The Nightview Fund has a 52-week low of $32.52 and a 52-week high of $40.69. The business has a 50 day moving average of $37.65 and a 200-day moving average of $36.70.

About The Nightview Fund

The Nightview Fund NITE (NITE) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US equity securities. The fund aims for long-term capital appreciation while attempting to beat the S&P 500 over five years. NITE was launched on Jun 21, 2024 and is issued by The Nightview.