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

StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 9,200 shares, an increase of 666.7% from the December 31st total of 1,200 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On StockSnips AI-Powered Sentiment US All Cap ETF

A hedge fund recently bought a new stake in StockSnips AI-Powered Sentiment US All Cap ETF stock. Grove Bank & Trust bought a new position in StockSnips AI-Powered Sentiment US All Cap ETF (NASDAQ:NEWZ) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 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 at the end of the most recent reporting period.

StockSnips AI-Powered Sentiment US All Cap ETF Price Performance

Shares of NEWZ traded up $0.31 during trading hours on Tuesday, hitting $29.82. The company’s stock had a trading volume of 286 shares, compared to its average volume of 2,411. The business has a 50 day simple moving average of $29.21 and a two-hundred day simple moving average of $28.18. StockSnips AI-Powered Sentiment US All Cap ETF has a 52-week low of $24.35 and a 52-week high of $30.19.

StockSnips AI-Powered Sentiment US All Cap ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a dividend of $0.0066 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.