Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Short Interest Update

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,239 shares, a decrease of 61.7% from the April 30th total of 5,852 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 885 shares, the short-interest ratio is currently 2.5 days.

Nuveen Ultra Short Income ETF Stock Up 0.0%

Nuveen Ultra Short Income ETF stock traded up $0.01 during mid-day trading on Monday, reaching $25.28. 14 shares of the company were exchanged, compared to its average volume of 1,835. The business has a fifty day moving average of $25.24 and a 200 day moving average of $25.26. Nuveen Ultra Short Income ETF has a 12-month low of $25.19 and a 12-month high of $25.66.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be issued a dividend of $0.0849 per share. This is an increase from Nuveen Ultra Short Income ETF’s previous dividend of $0.08. The ex-dividend date is Monday, June 1st.

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.