Nuveen ESG Large-Cap ETF (BATS:NULC) Shares Shorted: Short Interest Down 90.8% in October

Nuveen ESG Large-Cap ETF (BATS:NULC) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 843 shares, a decrease of 90.8% from the September 30th total of 9,153 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 3,472 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC bought a new position in Nuveen ESG Large-Cap ETF in the 2nd quarter worth $108,000. Private Advisor Group LLC lifted its position in shares of Nuveen ESG Large-Cap ETF by 2.7% in the 1st quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock worth $489,000 after purchasing an additional 279 shares during the period. Finally, Wealth Group Ltd lifted its position in shares of Nuveen ESG Large-Cap ETF by 23.0% in the 3rd quarter. Wealth Group Ltd now owns 12,405 shares of the company’s stock worth $695,000 after purchasing an additional 2,320 shares during the period.

Nuveen ESG Large-Cap ETF Trading Up 0.9%

BATS NULC traded up $0.51 on Monday, hitting $55.38. The company’s stock had a trading volume of 83,495 shares, compared to its average volume of 5,069. The company’s 50-day simple moving average is $55.72 and its 200 day simple moving average is $54.04. Nuveen ESG Large-Cap ETF has a 52-week low of $45.06 and a 52-week high of $57.04. The firm has a market cap of $55.38 million, a P/E ratio of 26.11 and a beta of 1.01.

Nuveen ESG Large-Cap ETF Company Profile

The Nuveen ESG Large-Cap ETF (NULC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap index. The fund tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria (ESG). NULC was launched on Jun 3, 2019 and is managed by Nuveen.