Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Sees Large Growth in Short Interest

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 56,036 shares, an increase of 1,641.9% from the May 14th total of 3,217 shares. Based on an average daily volume of 17,814 shares, the short-interest ratio is presently 3.1 days. Approximately 1.3% of the company’s shares are sold short.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Price Performance

NYSEARCA:NUAG opened at $20.86 on Thursday. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 1-year low of $20.70 and a 1-year high of $21.51. The business’s 50-day moving average price is $20.99 and its two-hundred day moving average price is $21.14.

Institutional Trading of Nuveen Enhanced Yield U.S. Aggregate Bond ETF

An institutional investor recently bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

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.