Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) Sees Significant Growth in Short Interest

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 3,915 shares, an increase of 1,429.3% from the November 30th total of 256 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 3,016 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 3,016 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

Hedge funds have recently modified their holdings of the company. Vestmark Advisory Solutions Inc. purchased a new position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF during the 2nd quarter valued at $574,000. Raymond James Financial Inc. lifted its position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 18.5% in the third quarter. Raymond James Financial Inc. now owns 27,064 shares of the company’s stock valued at $635,000 after acquiring an additional 4,233 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 8.0% in the second quarter. Envestnet Asset Management Inc. now owns 31,012 shares of the company’s stock worth $724,000 after acquiring an additional 2,305 shares during the period. Assetmark Inc. boosted its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 7.9% in the second quarter. Assetmark Inc. now owns 34,804 shares of the company’s stock worth $813,000 after acquiring an additional 2,552 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF during the third quarter worth about $1,794,000.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Stock Up 0.0%

Shares of NUSA stock traded up $0.01 during trading hours on Wednesday, reaching $23.34. 3,812 shares of the company traded hands, compared to its average volume of 6,385. The firm has a 50-day moving average price of $23.43 and a 200 day moving average price of $23.37. Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF has a 12-month low of $22.88 and a 12-month high of $23.56.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market, investment-grade, short-term bond index, overweighting to securities and sectors that have a higher yield potential while maintaining a comparable overall risk profile. NUSA was launched on Mar 31, 2017 and is managed by Nuveen.