Short Interest in Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Expands By 301.5%

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,967 shares, an increase of 301.5% from the July 15th total of 1,486 shares. Based on an average trading volume of 12,278 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NUMG. AdvisorNet Financial Inc boosted its position in shares of Nuveen ESG Mid-Cap Growth ETF by 64.2% in the first quarter. AdvisorNet Financial Inc now owns 688 shares of the company’s stock worth $28,000 after buying an additional 269 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Nuveen ESG Mid-Cap Growth ETF during the 4th quarter valued at about $51,000. Western Wealth Management LLC purchased a new stake in shares of Nuveen ESG Mid-Cap Growth ETF during the 1st quarter valued at about $57,000. EP Wealth Advisors LLC acquired a new position in Nuveen ESG Mid-Cap Growth ETF during the 2nd quarter worth approximately $109,000. Finally, Farther Finance Advisors LLC lifted its position in Nuveen ESG Mid-Cap Growth ETF by 33.5% during the 4th quarter. Farther Finance Advisors LLC now owns 3,030 shares of the company’s stock worth $145,000 after acquiring an additional 761 shares in the last quarter.

Nuveen ESG Mid-Cap Growth ETF Trading Down 0.4%

BATS:NUMG opened at $49.25 on Friday. The firm has a market capitalization of $413.70 million, a price-to-earnings ratio of 31.07 and a beta of 1.12. The firm’s fifty day simple moving average is $46.52 and its 200 day simple moving average is $44.82. Nuveen ESG Mid-Cap Growth ETF has a twelve month low of $39.58 and a twelve month high of $49.70.

About Nuveen ESG Mid-Cap Growth ETF

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.