Short Interest in StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) Declines By 70.0%

StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 1,200 shares, a drop of 70.0% from the November 30th total of 4,000 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of StockSnips AI-Powered Sentiment US All Cap ETF

An institutional investor recently bought a new position in StockSnips AI-Powered Sentiment US All Cap ETF stock. Grove Bank & Trust purchased a new stake in StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 146,295 shares of the company’s stock, valued at approximately $4,133,000. Grove Bank & Trust owned approximately 26.60% of StockSnips AI-Powered Sentiment US All Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

StockSnips AI-Powered Sentiment US All Cap ETF Stock Performance

StockSnips AI-Powered Sentiment US All Cap ETF stock remained flat at $29.07 during midday trading on Thursday. 31,221 shares of the company’s stock traded hands, compared to its average volume of 9,827. StockSnips AI-Powered Sentiment US All Cap ETF has a 12-month low of $24.35 and a 12-month high of $30.19. The business’s 50 day simple moving average is $29.09 and its 200-day simple moving average is $27.69.

StockSnips AI-Powered Sentiment US All Cap ETF Company Profile

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.