Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Drops By 91.4%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 3,217 shares, a decline of 91.4% from the April 30th total of 37,555 shares. Based on an average daily volume of 11,004 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Trading Up 0.1%

Shares of NYSEARCA:NUAG traded up $0.03 during trading hours on Friday, hitting $21.05. The company’s stock had a trading volume of 55,395 shares, compared to its average volume of 33,323. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 52 week low of $20.58 and a 52 week high of $21.51. The firm’s fifty day moving average price is $21.00 and its 200 day moving average price is $21.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC acquired a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned about 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent SEC filing.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.