Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Short Interest Update

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 5,908 shares, a growth of 154.0% from the February 12th total of 2,326 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 4,037 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 4,037 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.1% of the shares of the company are short sold.

Nuveen High Yield Municipal Income ETF Stock Up 0.5%

NHYM traded up $0.12 during trading on Friday, reaching $24.90. 963 shares of the company’s stock were exchanged, compared to its average volume of 8,528. Nuveen High Yield Municipal Income ETF has a fifty-two week low of $23.38 and a fifty-two week high of $25.33. The business has a 50 day moving average price of $24.98 and a 200 day moving average price of $24.81.

About Nuveen High Yield Municipal Income ETF

The Nuveen High Yield Municipal Income ETF (NHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of high-yield US municipal bonds. The fund maintains an overall weighted average maturity of greater than 10 years. NHYM was launched on Jan 22, 2025 and is issued by Nuveen.