Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Short Interest Up 14,215.2% in June

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 20,757 shares, a growth of 14,215.2% from the May 31st total of 145 shares. Currently, 8.3% of the company’s shares are short sold. Based on an average daily trading volume, of 29,203 shares, the short-interest ratio is presently 0.7 days.

Nomura Tax-Free USA Short Term ETF Stock Down 0.0%

Shares of STAX opened at $25.47 on Friday. Nomura Tax-Free USA Short Term ETF has a 52-week low of $25.29 and a 52-week high of $25.75. The stock has a fifty day simple moving average of $25.43 and a two-hundred day simple moving average of $25.51.

Institutional Investors Weigh In On Nomura Tax-Free USA Short Term ETF

An institutional investor recently raised its stake in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC boosted its position in shares of Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,224 shares of the company’s stock after purchasing an additional 39,878 shares during the period. Jane Street Group LLC owned approximately 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent quarter.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.