Nuveen ESG Large-Cap ETF (BATS:NULC) Stock Short Interest Climbs 1,477.0%

Nuveen ESG Large-Cap ETF (BATS:NULC) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 13,294 shares, an increase of 1,477.0% from the October 15th total of 843 shares. Based on an average daily trading volume, of 12,493 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC bought a new stake in Nuveen ESG Large-Cap ETF in the third quarter valued at approximately $3,801,000. Wealth Group Ltd. boosted its position in shares of Nuveen ESG Large-Cap ETF by 23.0% during the third quarter. Wealth Group Ltd. now owns 12,405 shares of the company’s stock worth $695,000 after purchasing an additional 2,320 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Nuveen ESG Large-Cap ETF during the second quarter worth $108,000. Finally, Private Advisor Group LLC boosted its position in shares of Nuveen ESG Large-Cap ETF by 2.7% during the first quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock worth $489,000 after purchasing an additional 279 shares in the last quarter.

Nuveen ESG Large-Cap ETF Price Performance

Shares of Nuveen ESG Large-Cap ETF stock traded down $0.27 during trading on Tuesday, hitting $53.96. 4,640 shares of the company were exchanged, compared to its average volume of 5,624. The firm has a market capitalization of $78.24 million, a P/E ratio of 27.00 and a beta of 1.01. The firm’s fifty day moving average price is $55.49 and its 200 day moving average price is $52.53. Nuveen ESG Large-Cap ETF has a 1-year low of $45.06 and a 1-year high of $57.04.

About Nuveen ESG Large-Cap ETF

The Nuveen ESG Large-Cap ETF (NULC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap index. The fund tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria (ESG). NULC was launched on Jun 3, 2019 and is managed by Nuveen.