AXS Green Alpha ETF (NYSEARCA:NXTE) Short Interest Up 424.1% in June

AXS Green Alpha ETF (NYSEARCA:NXTE) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,263 shares, a growth of 424.1% from the June 15th total of 241 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 3,601 shares, the days-to-cover ratio is currently 0.4 days.

AXS Green Alpha ETF Stock Down 4.1%

AXS Green Alpha ETF stock traded down $2.05 during midday trading on Monday, hitting $48.08. 1,745 shares of the stock were exchanged, compared to its average volume of 2,906. AXS Green Alpha ETF has a 52 week low of $33.52 and a 52 week high of $54.97. The stock has a market capitalization of $52.89 million, a PE ratio of 27.52 and a beta of 1.56. The company has a fifty day simple moving average of $49.85 and a two-hundred day simple moving average of $44.27.

Hedge Funds Weigh In On AXS Green Alpha ETF

A number of large investors have recently modified their holdings of NXTE. Jane Street Group LLC bought a new stake in AXS Green Alpha ETF in the second quarter valued at approximately $696,000. Susquehanna International Group LLP acquired a new stake in shares of AXS Green Alpha ETF during the 3rd quarter worth about $582,000. Investment Research Partners LLC bought a new stake in shares of AXS Green Alpha ETF during the 3rd quarter worth about $274,000. Prime Capital Investment Advisors LLC raised its holdings in AXS Green Alpha ETF by 18.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 89,151 shares of the company’s stock valued at $3,440,000 after acquiring an additional 14,188 shares during the period. Finally, Natural Investments LLC acquired a new stake in AXS Green Alpha ETF during the fourth quarter worth approximately $7,909,000.

AXS Green Alpha ETF Company Profile

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.