Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Update

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 9,332 shares, an increase of 549.0% from the February 12th total of 1,438 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 113,726 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 113,726 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Nuveen Preferred and Income ETF

A hedge fund recently bought a new stake in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC acquired a new stake in Nuveen Preferred and Income ETF (NASDAQ:NPFI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned about 2.42% of Nuveen Preferred and Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Nuveen Preferred and Income ETF Price Performance

NPFI stock traded up $0.05 during midday trading on Tuesday, reaching $26.10. The stock had a trading volume of 14,929 shares, compared to its average volume of 33,955. Nuveen Preferred and Income ETF has a twelve month low of $24.71 and a twelve month high of $26.61. The business has a fifty day simple moving average of $26.30 and a two-hundred day simple moving average of $26.31.

Nuveen Preferred and Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were paid a $0.1165 dividend. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, March 2nd.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.