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Australian Ethical Increases Stake in Nuix Limited

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Australian Ethical Increases Stake in Nuix Limited

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Nuix Ltd. ( (AU:NXL) ) has shared an update.

Nuix Limited, a company listed on the ASX, has experienced a change in the substantial holding of its shares. Australian Ethical Investment Limited, through State Street Australia Ltd, has increased its voting power in Nuix from 5.10% to 6.10%, reflecting a rise in the number of shares held from 16,875,771 to 20,185,454. This change indicates a growing interest and investment in Nuix by Australian Ethical Investment, potentially impacting the company’s market positioning and signaling confidence in its future prospects.

More about Nuix Ltd.

Average Trading Volume: 1,729,593

Technical Sentiment Signal: Sell

Current Market Cap: A$783.8M

For an in-depth examination of NXL stock, go to TipRanks’ Stock Analysis page.

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