Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Sees Large Increase in Short Interest

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 99,714 shares, an increase of 1,889.5% from the January 15th total of 5,012 shares. Based on an average trading volume of 21,608 shares, the days-to-cover ratio is currently 4.6 days. Approximately 3.5% of the company’s stock are sold short. Approximately 3.5% of the company’s stock are sold short. Based on an average trading volume of 21,608 shares, the days-to-cover ratio is currently 4.6 days.

Institutional Trading of Nuveen Enhanced Yield U.S. Aggregate Bond ETF

An institutional investor recently bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC acquired a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF at the end of the most recent reporting period.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Stock Down 0.2%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock opened at $21.26 on Thursday. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 1-year low of $20.33 and a 1-year high of $21.51. The company has a fifty day simple moving average of $21.22 and a 200 day simple moving average of $21.23.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Monday, February 2nd were given a dividend of $0.0782 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from Nuveen Enhanced Yield U.S. Aggregate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, February 2nd.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.