Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Update

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 20,490 shares, an increase of 95.3% from the July 30th total of 10,491 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 12,332 shares, the short-interest ratio is presently 1.7 days.

Nuveen ESG High Yield Corporate Bond ETF Trading Down 0.1%

NUHY traded down $0.02 during trading on Monday, hitting $21.28. The company had a trading volume of 3,772 shares, compared to its average volume of 24,580. Nuveen ESG High Yield Corporate Bond ETF has a 1-year low of $20.92 and a 1-year high of $21.85. The business has a 50-day moving average of $21.31 and a 200-day moving average of $21.35.

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

Institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new position in Nuveen ESG High Yield Corporate Bond ETF in the fourth quarter worth about $649,000. Legacy Financial Advisors Inc. raised its stake in Nuveen ESG High Yield Corporate Bond ETF by 9.9% during the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after buying an additional 1,274 shares in the last quarter. Olde Wealth Management LLC raised its stake in Nuveen ESG High Yield Corporate Bond ETF by 10.1% during the fourth quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock valued at $766,000 after buying an additional 3,264 shares in the last quarter. Continuum Advisory LLC bought a new position in Nuveen ESG High Yield Corporate Bond ETF during the 2nd quarter worth approximately $99,000. Finally, RMG Wealth Management LLC bought a new position in Nuveen ESG High Yield Corporate Bond ETF during the 1st quarter worth approximately $253,000.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

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.