Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Short Interest Down 96.8% in July

by · The Markets Daily

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 252 shares, a decrease of 96.8% from the July 15th total of 7,782 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,918 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of 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 boosted 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 Form 13F filing with the Securities & Exchange Commission. The firm owned 50,224 shares of the company’s stock after purchasing an additional 39,878 shares during the period. Jane Street Group LLC owned about 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent reporting period.

Nomura Tax-Free USA Short Term ETF Stock Performance

NYSEARCA STAX remained flat at $25.28 during trading hours on Thursday. The company had a trading volume of 13 shares, compared to its average volume of 3,633. Nomura Tax-Free USA Short Term ETF has a 52 week low of $25.09 and a 52 week high of $25.75. The stock has a 50 day moving average price of $25.40 and a 200 day moving average price of $25.48.

About Nomura Tax-Free USA Short Term ETF

(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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