Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 56.7%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 427 shares, a decline of 56.7% from the April 15th total of 986 shares. Based on an average daily volume of 2,386 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Nuveen Core Plus Bond ETF Stock Down 0.6%

Shares of NASDAQ NCPB traded down $0.15 during mid-day trading on Friday, hitting $24.73. The company had a trading volume of 36,421 shares, compared to its average volume of 3,960. The business’s 50-day simple moving average is $25.03 and its 200-day simple moving average is $25.24. Nuveen Core Plus Bond ETF has a 12 month low of $24.49 and a 12 month high of $25.74.

Nuveen Core Plus Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, May 4th. Investors of record on Friday, May 1st were paid a $0.1086 dividend. The ex-dividend date was Friday, May 1st. This is a boost from Nuveen Core Plus Bond ETF’s previous dividend of $0.10.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Hedge funds have recently made changes to their positions in the stock. Godfrey Financial Associates Inc. bought a new stake in shares of Nuveen Core Plus Bond ETF in the fourth quarter valued at about $36,000. Jane Street Group LLC boosted its stake in Nuveen Core Plus Bond ETF by 15.0% during the fourth quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after buying an additional 1,195 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in Nuveen Core Plus Bond ETF during the fourth quarter worth $559,000. Citadel Advisors LLC boosted its stake in Nuveen Core Plus Bond ETF by 3.1% during the third quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock worth $1,079,000 after buying an additional 1,287 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Nuveen Core Plus Bond ETF during the third quarter worth $1,557,000.

Nuveen Core Plus Bond ETF Company Profile

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.