Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Stock Short Interest Report for October

by · The Markets Daily

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 5,325 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 5,387 shares, the days-to-cover ratio is presently 1.0 days.

Nomura Tax-Free USA Short Term ETF Stock Performance

Shares of NYSEARCA:STAX traded down $0.04 during trading on Friday, reaching $25.08. The stock had a trading volume of 2,069 shares, compared to its average volume of 3,763. The business has a fifty day moving average price of $25.00 and a 200-day moving average price of $25.36. Nomura Tax-Free USA Short Term ETF has a fifty-two week low of $24.66 and a fifty-two week high of $25.75.

Nomura Tax-Free USA Short Term ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Friday, October 30th will be paid a $0.0795 dividend. This represents a $0.95 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, October 30th. This is an increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.0674.

Nomura Tax-Free USA Short Term ETF Company Profile

(Get Free Report)

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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