Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Short Interest Up 184.8% in August

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 10,089 shares, an increase of 184.8% from the July 30th total of 3,543 shares. Based on an average daily trading volume, of 29,568 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in Nuveen Growth Opportunities ETF in the 2nd quarter worth about $143,000. Pasadena Private Wealth LLC acquired a new stake in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at about $136,000. Focused Alpha LLC acquired a new stake in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at about $465,000. Kingsview Wealth Management LLC bought a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at approximately $179,000. Finally, Bank of America Corp DE bought a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at approximately $15,417,000.

Nuveen Growth Opportunities ETF Stock Down 1.0%

Shares of NYSEARCA:NUGO opened at $43.31 on Friday. The firm has a fifty day moving average of $42.88 and a two-hundred day moving average of $40.91. Nuveen Growth Opportunities ETF has a 12-month low of $34.28 and a 12-month high of $44.83. The firm has a market capitalization of $2.51 billion, a P/E ratio of 40.41 and a beta of 1.16.

Nuveen Growth Opportunities ETF Company Profile

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.