AXS Green Alpha ETF (NYSEARCA:NXTE) Short Interest Update

AXS Green Alpha ETF (NYSEARCA:NXTE) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 777 shares, an increase of 296.4% from the April 15th total of 196 shares. Based on an average trading volume of 1,457 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

AXS Green Alpha ETF Trading Down 2.8%

NYSEARCA NXTE traded down $1.32 on Friday, hitting $46.33. 559 shares of the company’s stock traded hands, compared to its average volume of 2,186. AXS Green Alpha ETF has a 1-year low of $31.03 and a 1-year high of $48.49. The firm’s 50-day moving average price is $42.25 and its two-hundred day moving average price is $40.98. The firm has a market capitalization of $51.43 million, a PE ratio of 27.52 and a beta of 1.56.

Institutional Trading of AXS Green Alpha ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Invested Advisors acquired a new stake in AXS Green Alpha ETF during the 4th quarter valued at approximately $219,000. PFG Investments LLC acquired a new stake in AXS Green Alpha ETF during the 1st quarter valued at approximately $232,000. Investment Research Partners LLC acquired a new stake in AXS Green Alpha ETF during the 3rd quarter valued at approximately $274,000. Prime Capital Investment Advisors LLC lifted its stake in AXS Green Alpha ETF by 18.9% during 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, Susquehanna International Group LLP acquired a new stake in AXS Green Alpha ETF during the 3rd quarter valued at approximately $582,000.

About AXS Green Alpha ETF

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.