Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 9,384 shares, a decrease of 54.8% from the June 15th total of 20,757 shares. Based on an average daily trading volume, of 3,260 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.9% of the shares of the stock are short sold.
Institutional Investors Weigh In On Nomura Tax-Free USA Short Term ETF
An institutional investor recently raised its stake in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC grew its stake in shares of Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Free Report) by 385.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,224 shares of the company’s stock after purchasing an additional 39,878 shares during the quarter. 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 quarter.
Nomura Tax-Free USA Short Term ETF Trading Down 0.0%
Shares of STAX stock traded down $0.01 during mid-day trading on Wednesday, reaching $25.42. The stock had a trading volume of 1,834 shares, compared to its average volume of 3,333. The business has a 50-day simple moving average of $25.42 and a 200 day simple moving average of $25.51. Nomura Tax-Free USA Short Term ETF has a 12-month low of $25.33 and a 12-month high of $25.75.
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.
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