Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Expands By 1,641.9%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 56,036 shares, an increase of 1,641.9% from the May 14th total of 3,217 shares. Based on an average daily volume of 17,814 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.3% of the company’s stock are sold short.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Trading Down 0.0%

Shares of NYSEARCA:NUAG traded down $0.01 during trading hours on Wednesday, hitting $20.88. The company’s stock had a trading volume of 2,533 shares, compared to its average volume of 31,901. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 52 week low of $20.70 and a 52 week high of $21.51. The firm’s fifty day moving average price is $21.00 and its 200 day moving average price is $21.15.

Institutional Investors Weigh In On Nuveen Enhanced Yield U.S. Aggregate Bond ETF

A hedge fund recently bought a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC purchased a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned approximately 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent filing with the SEC.

About Nuveen Enhanced Yield U.S. Aggregate Bond ETF

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.