Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Stock Short Interest Report for September

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 16,633 shares, a drop of 75.0% from the September 15th total of 66,591 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 24,126 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Nuveen High Yield Municipal Income ETF stock. Farther Finance Advisors LLC lifted its stake in shares of Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) by 83.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,436 shares of the company’s stock after purchasing an additional 3,385 shares during the period. Farther Finance Advisors LLC owned 0.13% of Nuveen High Yield Municipal Income ETF worth $171,000 at the end of the most recent quarter.

Nuveen High Yield Municipal Income ETF Price Performance

Shares of NYSEARCA:NHYM traded up $0.17 during midday trading on Tuesday, reaching $23.16. The company had a trading volume of 11,322 shares, compared to its average volume of 23,723. The business’s 50 day moving average price is $24.04 and its 200 day moving average price is $24.60. Nuveen High Yield Municipal Income ETF has a 1-year low of $22.74 and a 1-year high of $25.33.

About Nuveen High Yield Municipal Income ETF

The Nuveen High Yield Municipal Income ETF (NHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of high-yield US municipal bonds. The fund maintains an overall weighted average maturity of greater than 10 years. NHYM was launched on Jan 22, 2025 and is issued by Nuveen.