Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Update

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 6,941 shares, a decline of 89.6% from the December 31st total of 66,972 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 32,596 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 32,596 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Nuveen ESG High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. RMG Wealth Management LLC purchased a new stake in Nuveen ESG High Yield Corporate Bond ETF in the 2nd quarter valued at about $175,000. GPS Wealth Strategies Group LLC increased its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 67.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock valued at $357,000 after acquiring an additional 6,637 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% during the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after buying an additional 26,195 shares during the period. Finally, Olde Wealth Management LLC bought a new position in shares of Nuveen ESG High Yield Corporate Bond ETF in the third quarter valued at approximately $696,000.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

Shares of NUHY traded up $0.01 during trading hours on Wednesday, reaching $21.72. The stock had a trading volume of 10,519 shares, compared to its average volume of 29,890. The firm has a 50-day simple moving average of $21.65 and a 200 day simple moving average of $21.64. Nuveen ESG High Yield Corporate Bond ETF has a 12 month low of $20.17 and a 12 month high of $21.85.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.