Nuveen Municipal Income ETF (NYSEARCA:NUMI) Short Interest Update

Nuveen Municipal Income ETF (NYSEARCA:NUMI) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 13,760 shares, a decrease of 55.1% from the April 30th total of 30,623 shares. Based on an average trading volume of 5,070 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.4% of the company’s shares are sold short.

Nuveen Municipal Income ETF Trading Down 0.3%

Shares of NUMI traded down $0.07 during trading hours on Monday, hitting $25.12. 2,181 shares of the stock traded hands, compared to its average volume of 4,286. Nuveen Municipal Income ETF has a 1-year low of $24.01 and a 1-year high of $25.66. The business has a fifty day moving average of $25.04 and a 200-day moving average of $25.16.

About Nuveen Municipal Income ETF

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