Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Stock Short Interest Climbs 484.7%

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 4,011 shares, a growth of 484.7% from the October 15th total of 686 shares. Based on an average daily volume of 31,750 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Nuveen ESG High Yield Corporate Bond ETF Stock Up 0.1%

Nuveen ESG High Yield Corporate Bond ETF stock traded up $0.03 during midday trading on Wednesday, hitting $20.41. The stock had a trading volume of 3,039 shares, compared to its average volume of 26,302. Nuveen ESG High Yield Corporate Bond ETF has a 12 month low of $20.18 and a 12 month high of $21.78. The business has a fifty day moving average price of $20.60 and a 200 day moving average price of $21.18.

Institutional Investors Weigh In On Nuveen ESG High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in the company. Prime Capital Investment Advisors LLC lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 14.4% during the third quarter. Prime Capital Investment Advisors LLC now owns 70,611 shares of the company’s stock worth $1,443,000 after purchasing an additional 8,889 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Nuveen ESG High Yield Corporate Bond ETF in the 1st quarter valued at about $253,000. Farther Finance Advisors LLC boosted its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 8,538.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,502 shares of the company’s stock valued at $194,000 after buying an additional 9,392 shares during the period. Finally, Continuum Advisory LLC bought a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF during the 2nd quarter valued at about $99,000.

About Nuveen ESG High Yield Corporate Bond ETF

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.