Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Stock Short Interest Climbs 484.7%

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 4,011 shares, a growth of 484.7% from the October 15th total of 686 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 31,750 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in NUHY. Prime Capital Investment Advisors LLC increased its position in Nuveen ESG High Yield Corporate Bond ETF by 14.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 70,611 shares of the company’s stock worth $1,443,000 after buying an additional 8,889 shares during the period. RMG Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF in the first quarter valued at $253,000. Farther Finance Advisors LLC lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 8,538.2% in the third quarter. Farther Finance Advisors LLC now owns 9,502 shares of the company’s stock valued at $194,000 after buying an additional 9,392 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of Nuveen ESG High Yield Corporate Bond ETF during the second quarter valued at $99,000.

Nuveen ESG High Yield Corporate Bond ETF Stock Up 0.1%

Shares of Nuveen ESG High Yield Corporate Bond ETF stock traded up $0.03 on Wednesday, reaching $20.41. 3,039 shares of the company were exchanged, compared to its average volume of 26,302. The company’s 50-day moving average is $20.60 and its two-hundred day moving average is $21.18. Nuveen ESG High Yield Corporate Bond ETF has a 1-year low of $20.18 and a 1-year high of $21.78.

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.