Short Interest in AXS Green Alpha ETF (NYSEARCA:NXTE) Decreases By 51.6%

AXS Green Alpha ETF (NYSEARCA:NXTEGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,837 shares, a decrease of 51.6% from the July 15th total of 3,795 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 3,977 shares, the days-to-cover ratio is currently 0.5 days.

AXS Green Alpha ETF Stock Down 1.1%

Shares of AXS Green Alpha ETF stock traded down $0.52 on Friday, reaching $47.90. The stock had a trading volume of 3,688 shares, compared to its average volume of 2,909. The stock has a market capitalization of $52.69 million, a P/E ratio of 27.52 and a beta of 1.61. The company has a 50 day moving average price of $48.93 and a 200 day moving average price of $45.31. AXS Green Alpha ETF has a 1 year low of $34.26 and a 1 year high of $54.97.

Institutional Trading of AXS Green Alpha ETF

Several hedge funds and other institutional investors have recently made changes to their positions in NXTE. Royal Bank of Canada purchased a new position in AXS Green Alpha ETF during the 1st quarter worth $58,000. PFG Investments LLC acquired a new stake in AXS Green Alpha ETF in the first quarter worth about $232,000. Susquehanna International Group LLP purchased a new stake in shares of AXS Green Alpha ETF during the third quarter worth about $582,000. Finally, Jane Street Group LLC acquired a new position in shares of AXS Green Alpha ETF during the second quarter valued at about $696,000.

About AXS Green Alpha ETF

(Get Free Report)

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.

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