Short Interest in Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Expands By 322.5%

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 12,057 shares, a growth of 322.5% from the June 30th total of 2,854 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 14,534 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AdvisorNet Financial Inc grew its position in shares of Nuveen ESG Mid-Cap Value ETF by 86.5% during the 1st quarter. AdvisorNet Financial Inc now owns 634 shares of the company’s stock worth $25,000 after buying an additional 294 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Nuveen ESG Mid-Cap Value ETF in the first quarter valued at about $48,000. Blueline Advisors LLC bought a new stake in shares of Nuveen ESG Mid-Cap Value ETF in the fourth quarter valued at about $73,000. Western Wealth Management LLC bought a new stake in shares of Nuveen ESG Mid-Cap Value ETF in the first quarter valued at about $82,000. Finally, EP Wealth Advisors LLC purchased a new stake in Nuveen ESG Mid-Cap Value ETF in the second quarter worth about $107,000.

Nuveen ESG Mid-Cap Value ETF Stock Performance

Shares of BATS:NUMV opened at $44.64 on Tuesday. The firm’s 50 day simple moving average is $43.26 and its 200-day simple moving average is $41.36. Nuveen ESG Mid-Cap Value ETF has a one year low of $36.17 and a one year high of $44.76. The firm has a market cap of $464.26 million, a PE ratio of 18.60 and a beta of 1.01.

About Nuveen ESG Mid-Cap Value ETF

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.