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 large increase in short interest in December. As of December 31st, there was short interest totaling 66,972 shares, an increase of 2,181.1% from the December 15th total of 2,936 shares. Based on an average trading volume of 48,792 shares, the short-interest ratio is currently 1.4 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 48,792 shares, the short-interest ratio is currently 1.4 days.

Nuveen ESG High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA:NUHY remained flat at $21.71 during midday trading on Monday. The company had a trading volume of 70,672 shares, compared to its average volume of 39,210. Nuveen ESG High Yield Corporate Bond ETF has a twelve month low of $20.17 and a twelve month high of $21.85. The stock’s 50-day moving average is $21.61 and its two-hundred day moving average is $21.64.

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

Several institutional investors have recently made changes to their positions in NUHY. RMG Wealth Management LLC acquired a new position in Nuveen ESG High Yield Corporate Bond ETF in the second quarter worth approximately $175,000. GPS Wealth Strategies Group LLC grew its position in Nuveen ESG High Yield Corporate Bond ETF by 67.5% in the second quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock worth $357,000 after acquiring an additional 6,637 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock worth $572,000 after purchasing an additional 26,195 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new position in shares of Nuveen ESG High Yield Corporate Bond ETF during the 3rd quarter valued at $696,000.

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.