Short Interest in Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Increases By 103.3%

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 17,794 shares, a growth of 103.3% from the July 30th total of 8,753 shares. Based on an average daily trading volume, of 17,477 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Nuveen ESG Mid-Cap Value ETF

Large investors have recently modified their holdings of the stock. AdvisorNet Financial Inc increased its holdings in shares of Nuveen ESG Mid-Cap Value ETF by 86.5% in the first quarter. AdvisorNet Financial Inc now owns 634 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares in the last quarter. Fifth Third Bancorp acquired a new position in Nuveen ESG Mid-Cap Value ETF during the 1st quarter worth $48,000. Blueline Advisors LLC bought a new position in Nuveen ESG Mid-Cap Value ETF in the 4th quarter valued at $73,000. Western Wealth Management LLC bought a new position in Nuveen ESG Mid-Cap Value ETF in the 1st quarter valued at $82,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Nuveen ESG Mid-Cap Value ETF in the 2nd quarter valued at $107,000.

Nuveen ESG Mid-Cap Value ETF Stock Down 0.2%

Shares of BATS NUMV opened at $45.08 on Friday. The firm’s 50-day simple moving average is $44.49 and its 200 day simple moving average is $42.18. The company has a market cap of $468.83 million, a price-to-earnings ratio of 18.60 and a beta of 1.01. Nuveen ESG Mid-Cap Value ETF has a 12-month low of $37.40 and a 12-month high of $45.89.

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.