Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Shares Shorted: Short Interest Up 217.7% in September

Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 6,494 shares, an increase of 217.7% from the August 31st total of 2,044 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 13,165 shares, the days-to-cover ratio is presently 0.5 days.

Nuveen Core Plus Bond ETF Stock Performance

Nuveen Core Plus Bond ETF stock remained flat at $23.99 on Friday. The company’s stock had a trading volume of 103,374 shares, compared to its average volume of 6,527. Nuveen Core Plus Bond ETF has a fifty-two week low of $23.99 and a fifty-two week high of $25.74. The firm has a 50-day moving average of $24.49 and a two-hundred day moving average of $24.79.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, September 1st were paid a $0.1033 dividend. This represents a $1.24 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Tuesday, September 1st. This is a negative change from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.1089.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Nuveen Core Plus Bond ETF stock. Envestnet Asset Management Inc. acquired a new position in shares of Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,993 shares of the company’s stock, valued at approximately $225,000. Envestnet Asset Management Inc. owned approximately 0.40% of Nuveen Core Plus Bond ETF at the end of the most recent reporting period.

About Nuveen Core Plus Bond ETF

(Get Free Report)

The Nuveen Core Plus Bond ETF (NCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is active, investing in a diversified mix of high-quality and below investment grade securities to optimize returns and manage risks. NCPB was launched on Mar 5, 2024 and is issued by Nuveen.

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