StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) Sees Significant Drop in Short Interest

by · The Cerbat Gem

StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ – Get Free Report) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 413 shares, a decline of 89.8% from the December 15th total of 4,046 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,167 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 1,167 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

StockSnips AI-Powered Sentiment US All Cap ETF Stock Up 0.3%

Shares of NASDAQ:NEWZ traded up $0.07 on Wednesday, reaching $27.78. 2,422 shares of the company’s stock were exchanged, compared to its average volume of 1,747. StockSnips AI-Powered Sentiment US All Cap ETF has a fifty-two week low of $24.22 and a fifty-two week high of $30.34. The business’s 50-day moving average is $27.40 and its two-hundred day moving average is $27.98. The firm has a market capitalization of $18.61 million, a price-to-earnings ratio of 26.38 and a beta of 0.99.

About StockSnips AI-Powered Sentiment US All Cap ETF

(Get Free Report)

The StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) is an exchange-traded fund that mostly invests in total market equity. The fund pursues long-term capital appreciation by actively managing a narrow portfolio of US companies across various market capitalizations. The fund selects securities by blending Artificial Intelligence (AI) and Natural Language Processing (NLP) technologies. NEWZ was launched on Apr 12, 2024 and is issued by StockSnips.

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