Short Interest in Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Drops By 72.8%

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,003 shares, a decrease of 72.8% from the April 30th total of 3,690 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 12,128 shares, the short-interest ratio is currently 0.1 days.

Nuveen ESG High Yield Corporate Bond ETF Trading Up 0.2%

Nuveen ESG High Yield Corporate Bond ETF stock traded up $0.04 during trading hours on Friday, hitting $21.47. The stock had a trading volume of 20,206 shares, compared to its average volume of 29,947. The company has a 50-day moving average of $21.32 and a two-hundred day moving average of $21.50. Nuveen ESG High Yield Corporate Bond ETF has a fifty-two week low of $20.92 and a fifty-two week high of $21.85.

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

Several large investors have recently added to or reduced their stakes in NUHY. AdvisorNet Financial Inc raised its holdings in Nuveen ESG High Yield Corporate Bond ETF by 82.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,574 shares of the company’s stock valued at $33,000 after acquiring an additional 710 shares in the last quarter. RMG Wealth Management LLC acquired a new position in Nuveen ESG High Yield Corporate Bond ETF in the 1st quarter valued at approximately $253,000. Legacy Financial Advisors Inc. raised its holdings in Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the 4th quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after acquiring an additional 1,274 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the 3rd 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, GPS Wealth Strategies Group LLC raised its holdings in Nuveen ESG High Yield Corporate Bond ETF by 79.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after acquiring an additional 13,122 shares in the last quarter.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

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.