Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sees Large Growth in Short Interest

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 20,581 shares, an increase of 109.6% from the May 14th total of 9,820 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 55,498 shares, the days-to-cover ratio is presently 0.4 days.

Nuveen ESG International Developed Markets Equity ETF Trading Up 0.3%

Shares of NUDM opened at $39.45 on Friday. The company’s 50-day moving average price is $38.39 and its 200 day moving average price is $37.86. Nuveen ESG International Developed Markets Equity ETF has a 12-month low of $33.91 and a 12-month high of $39.88. The firm has a market cap of $627.26 million, a P/E ratio of 16.48 and a beta of 0.86.

Hedge Funds Weigh In On Nuveen ESG International Developed Markets Equity ETF

Hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC raised its holdings in Nuveen ESG International Developed Markets Equity ETF by 34.8% during the fourth quarter. Advisory Services Network LLC now owns 84,356 shares of the company’s stock worth $3,055,000 after purchasing an additional 21,793 shares during the last quarter. Prism Advisors Inc. grew its holdings in Nuveen ESG International Developed Markets Equity ETF by 1.7% in the fourth quarter. Prism Advisors Inc. now owns 30,107 shares of the company’s stock valued at $1,090,000 after purchasing an additional 515 shares during the last quarter. One Capital Management LLC purchased a new position in shares of Nuveen ESG International Developed Markets Equity ETF in the fourth quarter valued at $455,000. Burns J W & Co. Inc. NY purchased a new position in shares of Nuveen ESG International Developed Markets Equity ETF in the first quarter valued at $397,000. Finally, Continuum Advisory LLC raised its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% during the 4th quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after buying an additional 1,173 shares during the last quarter.

Nuveen ESG International Developed Markets Equity ETF Company Profile

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.