Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Increases By 1,641.9%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 56,036 shares, a growth of 1,641.9% from the May 14th total of 3,217 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 17,814 shares, the short-interest ratio is currently 3.1 days.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:NUAG traded up $0.04 during mid-day trading on Tuesday, reaching $20.89. The stock had a trading volume of 4,960 shares, compared to its average volume of 32,184. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 12 month low of $20.69 and a 12 month high of $21.51. The stock has a 50-day simple moving average of $21.00 and a two-hundred day simple moving average of $21.15.

Hedge Funds Weigh In On Nuveen Enhanced Yield U.S. Aggregate Bond ETF

A hedge fund recently bought a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned approximately 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent filing with the SEC.

About Nuveen Enhanced Yield U.S. Aggregate Bond ETF

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.