Short Interest in Nuveen Dividend Growth ETF (NYSEARCA:NDVG) Rises By 157.9%

Nuveen Dividend Growth ETF (NYSEARCA:NDVG) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 1,248 shares, a growth of 157.9% from the December 31st total of 484 shares. Based on an average daily volume of 1,574 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,574 shares, the days-to-cover ratio is currently 0.8 days.

Nuveen Dividend Growth ETF Trading Down 0.1%

Shares of NDVG stock traded down $0.02 during trading hours on Friday, hitting $36.04. The company’s stock had a trading volume of 72 shares, compared to its average volume of 1,194. Nuveen Dividend Growth ETF has a twelve month low of $28.27 and a twelve month high of $36.43. The stock has a market cap of $14.06 million, a price-to-earnings ratio of 26.32 and a beta of 0.85. The business has a fifty day moving average of $35.72 and a 200-day moving average of $35.26.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Nuveen Dividend Growth ETF stock. Forefront Wealth Partners LLC increased its holdings in Nuveen Dividend Growth ETF (NYSEARCA:NDVG) by 35.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 101,021 shares of the company’s stock after buying an additional 26,311 shares during the period. Nuveen Dividend Growth ETF comprises approximately 2.2% of Forefront Wealth Partners LLC’s holdings, making the stock its 10th biggest position. Forefront Wealth Partners LLC owned 26.58% of Nuveen Dividend Growth ETF worth $3,313,000 as of its most recent SEC filing.

About Nuveen Dividend Growth ETF

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.