Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Down 93.4% in January

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 100 shares, a decrease of 93.4% from the January 15th total of 1,522 shares. Based on an average trading volume of 8,450 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 8,450 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC acquired a new position in Nuveen Preferred and Income ETF (NASDAQ:NPFI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned approximately 2.42% of Nuveen Preferred and Income ETF at the end of the most recent quarter.

Nuveen Preferred and Income ETF Stock Performance

NASDAQ NPFI traded up $0.03 on Wednesday, reaching $26.34. The stock had a trading volume of 3,634 shares, compared to its average volume of 12,626. Nuveen Preferred and Income ETF has a 1 year low of $24.71 and a 1 year high of $26.61. The business has a 50 day moving average price of $26.28 and a 200 day moving average price of $26.29.

Nuveen Preferred and Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were given a $0.1265 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Monday, February 2nd.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.