Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Down 73.6% in July

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 10,491 shares, a drop of 73.6% from the July 15th total of 39,695 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,677 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Nuveen ESG High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in NUHY. RMG Wealth Management LLC acquired a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the first quarter valued at $253,000. AdvisorNet Financial Inc grew its stake in shares of Nuveen ESG High Yield Corporate Bond ETF by 82.2% during the first quarter. AdvisorNet Financial Inc now owns 1,574 shares of the company’s stock worth $33,000 after purchasing an additional 710 shares during the period. Olde Wealth Management LLC increased its holdings in Nuveen ESG High Yield Corporate Bond ETF by 10.1% in the fourth quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock valued at $766,000 after purchasing an additional 3,264 shares during the last quarter. Western Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF in the fourth quarter valued at about $649,000. Finally, Legacy Financial Advisors Inc. lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after buying an additional 1,274 shares during the period.

Nuveen ESG High Yield Corporate Bond ETF Trading Down 0.0%

Nuveen ESG High Yield Corporate Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $21.32. 10,353 shares of the company’s stock were exchanged, compared to its average volume of 24,842. Nuveen ESG High Yield Corporate Bond ETF has a 1-year low of $20.92 and a 1-year high of $21.85. The stock has a 50 day moving average of $21.33 and a two-hundred day moving average of $21.37.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.