Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Short Interest Update

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 95,040 shares, a growth of 404.3% from the November 30th total of 18,845 shares. Based on an average daily trading volume, of 98,745 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.2% of the shares of the stock are short sold. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 98,745 shares, the days-to-cover ratio is currently 1.0 days.

Nicholas Global Equity and Income ETF Price Performance

Nicholas Global Equity and Income ETF stock opened at $16.86 on Thursday. Nicholas Global Equity and Income ETF has a 12-month low of $14.20 and a 12-month high of $19.52. The stock has a market capitalization of $72.16 million, a PE ratio of 24.80 and a beta of 1.01. The firm has a 50 day simple moving average of $17.11 and a 200-day simple moving average of $17.49.

Nicholas Global Equity and Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 19th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a dividend yield of 2,494.0%. This is a boost from Nicholas Global Equity and Income ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nicholas Global Equity and Income ETF stock. OLD Mission Capital LLC purchased a new position in Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 29,245 shares of the company’s stock, valued at approximately $480,000. OLD Mission Capital LLC owned approximately 0.93% of Nicholas Global Equity and Income ETF at the end of the most recent quarter.

Nicholas Global Equity and Income ETF Company Profile

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.