Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Down 89.6% in January

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 6,941 shares, a decrease of 89.6% from the December 31st total of 66,972 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 32,596 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 32,596 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Nuveen ESG High Yield Corporate Bond ETF Stock Performance

NUHY stock traded up $0.01 during midday trading on Wednesday, reaching $21.72. The company’s stock had a trading volume of 10,519 shares, compared to its average volume of 29,890. Nuveen ESG High Yield Corporate Bond ETF has a 1 year low of $20.17 and a 1 year high of $21.85. The stock has a fifty day simple moving average of $21.66 and a two-hundred day simple moving average of $21.64.

Hedge Funds Weigh In On Nuveen ESG High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. RMG Wealth Management LLC purchased a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF during the second quarter valued at about $175,000. GPS Wealth Strategies Group LLC lifted its position in Nuveen ESG High Yield Corporate Bond ETF by 67.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock valued at $357,000 after acquiring an additional 6,637 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after acquiring an additional 26,195 shares in the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in Nuveen ESG High Yield Corporate Bond ETF in the third quarter valued at approximately $696,000.

About Nuveen ESG High Yield Corporate Bond ETF

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.