Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Short Interest Up 1,433.8% in May

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 24,833 shares, an increase of 1,433.8% from the April 30th total of 1,619 shares. Based on an average trading volume of 195,311 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Nuveen Growth Opportunities ETF Stock Performance

NYSEARCA NUGO traded up $0.05 during mid-day trading on Friday, reaching $43.85. 771,450 shares of the stock were exchanged, compared to its average volume of 83,561. Nuveen Growth Opportunities ETF has a 1-year low of $33.63 and a 1-year high of $43.99. The business’s fifty day simple moving average is $39.92 and its 200 day simple moving average is $39.41. The stock has a market capitalization of $3.02 billion, a PE ratio of 40.41 and a beta of 1.16.

About Nuveen Growth Opportunities ETF

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.