Short Interest in Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Decreases By 93.6%

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 139 shares, a drop of 93.6% from the July 15th total of 2,173 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 477 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen Ultra Short Income ETF Stock Up 0.0%

Shares of NUSB traded up $0.01 during trading hours on Tuesday, hitting $25.20. The stock had a trading volume of 15 shares, compared to its average volume of 1,393. The company’s fifty day moving average is $25.22 and its two-hundred day moving average is $25.24. Nuveen Ultra Short Income ETF has a 52 week low of $25.17 and a 52 week high of $25.66.

Nuveen Ultra Short Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 4th. Shareholders of record on Monday, August 3rd were given a $0.0879 dividend. This is a boost from Nuveen Ultra Short Income ETF’s previous dividend of $0.08. The ex-dividend date was Monday, August 3rd.

Nuveen Ultra Short Income ETF Company Profile

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.