Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Sees Significant Drop in Short Interest

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 23,548 shares, a decline of 54.1% from the December 15th total of 51,339 shares. Based on an average trading volume of 95,190 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 95,190 shares, the short-interest ratio is presently 0.2 days.

Nuveen High Yield Municipal Income ETF Price Performance

Nuveen High Yield Municipal Income ETF stock traded up $0.06 on Wednesday, reaching $25.01. The company’s stock had a trading volume of 33,341 shares, compared to its average volume of 10,527. The business’s fifty day moving average price is $24.87 and its 200 day moving average price is $24.51. Nuveen High Yield Municipal Income ETF has a twelve month low of $23.38 and a twelve month high of $25.49.

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.