Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Update

Nuveen Preferred and Income ETF (NASDAQ:NPFI) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,438 shares, an increase of 1,338.0% from the January 29th total of 100 shares. Based on an average daily volume of 16,093 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 16,093 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC acquired a new stake in Nuveen Preferred and Income ETF (NASDAQ:NPFI) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned about 2.42% of Nuveen Preferred and Income ETF at the end of the most recent quarter.

Nuveen Preferred and Income ETF Price Performance

Shares of NPFI remained flat at $26.44 during midday trading on Wednesday. The stock had a trading volume of 2,137 shares, compared to its average volume of 38,082. The business has a 50-day simple moving average of $26.29 and a 200 day simple moving average of $26.31. Nuveen Preferred and Income ETF has a 52 week low of $24.71 and a 52 week high of $26.61.

Nuveen Preferred and Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were given a $0.1265 dividend. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Monday, February 2nd.

Nuveen Preferred and Income ETF Company Profile

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.