AXS Green Alpha ETF (NYSEARCA:NXTE) Stock Short Interest Report for October

AXS Green Alpha ETF (NYSEARCA:NXTE) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 620 shares, a decrease of 51.6% from the October 15th total of 1,282 shares. Based on an average trading volume of 1,325 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of AXS Green Alpha ETF

Several institutional investors have recently added to or reduced their stakes in NXTE. Royal Bank of Canada purchased a new stake in shares of AXS Green Alpha ETF in the 1st quarter valued at $58,000. Investment Research Partners LLC acquired a new position in AXS Green Alpha ETF during the 3rd quarter worth about $215,000. Citadel Advisors LLC acquired a new position in AXS Green Alpha ETF during the 2nd quarter worth about $449,000. Prime Capital Investment Advisors LLC lifted its stake in AXS Green Alpha ETF by 39.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 88,797 shares of the company’s stock worth $4,309,000 after acquiring an additional 24,934 shares in the last quarter. Finally, Fig Financial Advisory Services Inc. ADV purchased a new position in AXS Green Alpha ETF during the 3rd quarter valued at about $1,939,000.

AXS Green Alpha ETF Price Performance

Shares of NXTE stock traded down $0.55 during trading hours on Friday, hitting $42.83. The company had a trading volume of 3,649 shares, compared to its average volume of 3,118. The stock has a market capitalization of $46.68 million, a PE ratio of 18.65 and a beta of 1.63. The company’s fifty day moving average is $46.25 and its 200 day moving average is $45.73. AXS Green Alpha ETF has a fifty-two week low of $35.99 and a fifty-two week high of $54.97.

About AXS Green Alpha ETF

The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.