Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) Short Interest Up 288.1% in May

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,280 shares, an increase of 288.1% from the April 30th total of 2,649 shares. Based on an average daily trading volume, of 58,247 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Nuveen ESG U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA NUBD traded up $0.01 during midday trading on Friday, hitting $22.15. 2,873 shares of the stock traded hands, compared to its average volume of 86,793. The firm has a 50-day moving average of $22.16 and a two-hundred day moving average of $22.34. Nuveen ESG U.S. Aggregate Bond ETF has a one year low of $21.82 and a one year high of $22.71.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NUBD. Kingdom Financial Group LLC. purchased a new position in shares of Nuveen ESG U.S. Aggregate Bond ETF in the fourth quarter valued at about $39,000. TFC Financial Management Inc. raised its stake in Nuveen ESG U.S. Aggregate Bond ETF by 59.5% during the 4th quarter. TFC Financial Management Inc. now owns 2,038 shares of the company’s stock valued at $46,000 after purchasing an additional 760 shares during the period. Atlantic Union Bankshares Corp purchased a new position in Nuveen ESG U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $47,000. Measured Wealth Private Client Group LLC bought a new position in Nuveen ESG U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $61,000. Finally, Farther Finance Advisors LLC bought a new position in Nuveen ESG U.S. Aggregate Bond ETF in the 4th quarter worth approximately $64,000.

Nuveen ESG U.S. Aggregate Bond ETF Company Profile

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US investment-grade bonds selected for exhibiting certain environmental, social, and governance criteria. NUBD was launched on Sep 29, 2017 and is managed by Nuveen.