Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Short Interest Update

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 353 shares, a growth of 2,615.4% from the April 15th total of 13 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,949 shares, the short-interest ratio is presently 0.2 days.

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

STAX stock opened at $25.41 on Tuesday. Nomura Tax-Free USA Short Term ETF has a one year low of $25.15 and a one year high of $25.75. The company has a 50 day moving average price of $25.49 and a two-hundred day moving average price of $25.53.

Nomura Tax-Free USA Short Term ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were issued a dividend of $0.0713 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. This is a positive change from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th.

Hedge Funds Weigh In On Nomura Tax-Free USA Short Term ETF

A hedge fund recently raised its stake in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC boosted its holdings in Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,224 shares of the company’s stock after buying an additional 39,878 shares during the period. Jane Street Group LLC owned 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent reporting period.

About Nomura Tax-Free USA Short Term ETF

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.