Nutanix Gains 1.73% Amid Strategic Shifts Trading Volume Ranked 348th

On October 8, 2025, Nutanix (NTNX) traded with a volume of $330 million, ranking 348th in market activity. The stock closed up 1.73% for the session, showing resilience amid mixed sector performance.

Analysts noted renewed institutional interest in the cloud infrastructure provider following a strategic update outlining expanded partnerships with hyperscale data center operators. The company’s focus on hybrid cloud solutions has positioned it to benefit from enterprise IT modernization trends, with recent client acquisition activity in the financial services sector drawing market attention.

Short-term technical indicators suggest continuation of the upward trajectory, though volatility remains elevated as traders balance earnings expectations with broader macroeconomic uncertainty. Position sizing appears to be favoring long-term holders, with reduced short-interest levels indicating diminished bearish pressure.

To carry out this back-test rigorously I need a bit more detail about the investment universe and the portfolio construction rules: 1. Market universe • Do you want to restrict the search to U.S. listed stocks (NYSE / NASDAQ / AMEX), or another market? • Should we include ETFs, ADRs, etc., or only common stocks? 2. Weighting methodology • Equal-weight the 500 names each day, or weight them by market-cap / volume / something else? • Rebalance frequency is daily (buy at today’s close, sell at tomorrow’s close). Please confirm. 3. Practical items • Any limits on per-trade or portfolio turnover (e.g., max position size, slippage, commission)? • Is cash fully invested every day, or can the strategy hold cash if fewer than 500 stocks meet the criterion? Once I have these points I can pull the necessary volume data, generate the daily “top-500” basket, and run the back-test from 2022-01-01 to the present.