Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Sees Large Drop in Short Interest

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 13,015 shares, a decline of 83.5% from the September 30th total of 78,772 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 61,662 shares, the short-interest ratio is presently 0.2 days.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Trading Down 0.0%

NUAG stock traded down $0.01 during midday trading on Tuesday, reaching $20.28. 25,878 shares of the company’s stock traded hands, compared to its average volume of 28,594. The business has a 50-day moving average price of $20.32 and a two-hundred day moving average price of $20.85. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a fifty-two week low of $19.88 and a fifty-two week high of $21.51.

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.