Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Sees Large Decrease in Short Interest

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 2,971 shares, a decrease of 81.1% from the March 31st total of 15,756 shares. Based on an average trading volume of 92,770 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Nuveen High Yield Municipal Income ETF Trading Down 0.1%

NHYM traded down $0.02 during trading hours on Friday, reaching $25.04. The company’s stock had a trading volume of 2,974 shares, compared to its average volume of 20,218. Nuveen High Yield Municipal Income ETF has a fifty-two week low of $23.58 and a fifty-two week high of $25.33. The business’s 50-day moving average is $24.91 and its 200-day moving average is $24.90.

About Nuveen High Yield Municipal Income ETF

The Nuveen High Yield Municipal Income ETF (NHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of high-yield US municipal bonds. The fund maintains an overall weighted average maturity of greater than 10 years. NHYM was launched on Jan 22, 2025 and is issued by Nuveen.