Short Interest in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX) Drops By 96.8%

Posted by Trevor Kearing on Sep 10th, 2026

Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Get Free Report) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 46 shares, a decline of 96.8% from the August 15th total of 1,449 shares. Based on an average daily volume of 16,395 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Nicholas Fixed Income Alternative ETF stock. Flow Traders U.S. LLC increased its holdings in Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX – Free Report) by 148.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,614 shares of the company’s stock after acquiring an additional 63,138 shares during the period. Flow Traders U.S. LLC owned about 1.23% of Nicholas Fixed Income Alternative ETF worth $1,904,000 at the end of the most recent reporting period.

Nicholas Fixed Income Alternative ETF Stock Down 0.1%

Shares of FIAX traded down $0.01 during mid-day trading on Thursday, reaching $17.24. The company’s stock had a trading volume of 45,820 shares, compared to its average volume of 16,302. The business has a fifty day moving average of $17.43 and a 200 day moving average of $17.54. The company has a market cap of $127.58 million, a price-to-earnings ratio of 17.96 and a beta of 0.20. Nicholas Fixed Income Alternative ETF has a 1 year low of $17.19 and a 1 year high of $18.30.

Nicholas Fixed Income Alternative ETF Company Profile

(Get Free Report)

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.