Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Shares Shorted: Short Interest Up 1,480.7% in September

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 510,417 shares, an increase of 1,480.7% from the August 31st total of 32,290 shares. Based on an average daily volume of 75,886 shares, the short-interest ratio is presently 6.7 days. Approximately 3.2% of the shares of the stock are short sold.

Nuveen ESG International Developed Markets Equity ETF Trading Up 1.1%

NUDM opened at $40.36 on Friday. The stock has a 50-day moving average price of $40.71 and a 200-day moving average price of $39.18. Nuveen ESG International Developed Markets Equity ETF has a 12-month low of $34.70 and a 12-month high of $41.79. The stock has a market capitalization of $641.72 million, a P/E ratio of 16.48 and a beta of 0.86.

Institutional Investors Weigh In On Nuveen ESG International Developed Markets Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUDM. Continuum Advisory LLC boosted its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% in the fourth quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after acquiring an additional 1,173 shares during the period. Burns J W & Co. Inc. NY purchased a new position in Nuveen ESG International Developed Markets Equity ETF in the 1st quarter worth approximately $397,000. Finally, One Capital Management LLC purchased a new position in Nuveen ESG International Developed Markets Equity ETF in the 4th quarter worth approximately $455,000.

Nuveen ESG International Developed Markets Equity ETF Company Profile

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.