Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Up 10,228.1% in June

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 20,243 shares, an increase of 10,228.1% from the May 31st total of 196 shares. Based on an average trading volume of 6,428 shares, the short-interest ratio is currently 3.1 days. Approximately 0.9% of the company’s stock are sold short.

Nuveen Core Plus Bond ETF Price Performance

NASDAQ:NCPB opened at $25.08 on Friday. Nuveen Core Plus Bond ETF has a one year low of $24.62 and a one year high of $25.74. The company’s 50-day simple moving average is $24.94 and its 200 day simple moving average is $25.14.

Nuveen Core Plus Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st were issued a dividend of $0.1022 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Monday, June 1st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Godfrey Financial Associates Inc. purchased a new position in Nuveen Core Plus Bond ETF during the fourth quarter valued at $36,000. Jane Street Group LLC grew its stake in shares of Nuveen Core Plus Bond ETF by 15.0% in the fourth quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after acquiring an additional 1,195 shares during the last quarter. Ausdal Financial Partners Inc. purchased a new stake in shares of Nuveen Core Plus Bond ETF in the fourth quarter worth $559,000. Citadel Advisors LLC increased its holdings in shares of Nuveen Core Plus Bond ETF by 3.1% during the third quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock valued at $1,079,000 after acquiring an additional 1,287 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Nuveen Core Plus Bond ETF during the third quarter valued at $1,557,000.

About Nuveen Core Plus Bond ETF

The Nuveen Core Plus Bond ETF (NCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is active, investing in a diversified mix of high-quality and below investment grade securities to optimize returns and manage risks. NCPB was launched on Mar 5, 2024 and is issued by Nuveen.