Research Affiliates Deletions ETF (NASDAQ:NIXT – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 486 shares, an increase of 315.4% from the September 30th total of 117 shares. Based on an average daily volume of 4,778 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Research Affiliates Deletions ETF Trading Up 0.5%
NIXT traded up $0.19 during midday trading on Thursday, hitting $35.35. 76,145 shares of the company were exchanged, compared to its average volume of 4,732. The company’s 50 day simple moving average is $33.90 and its 200 day simple moving average is $31.14. The firm has a market capitalization of $50.55 million, a price-to-earnings ratio of 13.02 and a beta of 1.06. Research Affiliates Deletions ETF has a 1-year low of $23.83 and a 1-year high of $35.47.
Research Affiliates Deletions ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a $0.0909 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.0%. This is a drop from Research Affiliates Deletions ETF’s previous quarterly dividend of $0.1408. The ex-dividend date was Monday, September 28th.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Research Affiliates Deletions ETF stock. Proficio Capital Partners LLC bought a new stake in Research Affiliates Deletions ETF (NASDAQ:NIXT – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 24,793 shares of the company’s stock, valued at approximately $780,000. Proficio Capital Partners LLC owned approximately 2.05% of Research Affiliates Deletions ETF at the end of the most recent reporting period.
About Research Affiliates Deletions ETF
The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.
Further Reading
- Five stocks we like better than Research Affiliates Deletions ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Research Affiliates Deletions ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Affiliates Deletions ETF and related companies with MarketBeat.com's FREE daily email newsletter.
