Short Interest in National Security Emerging Markets Index ETF (NASDAQ:NSI) Declines By 27.5%

National Security Emerging Markets Index ETF (NASDAQ:NSI) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 8,204 shares, a drop of 27.5% from the March 31st total of 11,322 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 1,680 shares, the days-to-cover ratio is currently 4.9 days.

National Security Emerging Markets Index ETF Stock Performance

National Security Emerging Markets Index ETF stock remained flat at $37.95 on Friday. The company’s stock had a trading volume of 512 shares, compared to its average volume of 3,050. National Security Emerging Markets Index ETF has a fifty-two week low of $26.79 and a fifty-two week high of $39.20. The firm has a 50-day moving average of $36.48 and a two-hundred day moving average of $35.01. The stock has a market capitalization of $41.37 million, a price-to-earnings ratio of 13.71 and a beta of 0.56.

Hedge Funds Weigh In On National Security Emerging Markets Index ETF

Several institutional investors and hedge funds have recently modified their holdings of NSI. Envestnet Asset Management Inc. increased its holdings in shares of National Security Emerging Markets Index ETF by 44.0% during the third quarter. Envestnet Asset Management Inc. now owns 445,427 shares of the company’s stock valued at $14,382,000 after acquiring an additional 136,135 shares in the last quarter. Integrated Advisors Network LLC increased its holdings in shares of National Security Emerging Markets Index ETF by 1.3% during the third quarter. Integrated Advisors Network LLC now owns 103,289 shares of the company’s stock valued at $3,335,000 after acquiring an additional 1,318 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of National Security Emerging Markets Index ETF during the third quarter valued at $370,000. Finally, OLD Mission Capital LLC bought a new position in shares of National Security Emerging Markets Index ETF during the fourth quarter valued at $324,000.

National Security Emerging Markets Index ETF Company Profile

The National Security Emerging Markets Index ETF (NSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an emerging markets index that excludes companies perceived to pose a threat to the US national security. Selected securities are weighted by market-cap. NSI was launched on Dec 6, 2023 and is issued by Tuttle Capital Management.