Nuveen Municipal Income ETF (NYSEARCA:NUMI) Stock Short Interest Report for October

Nuveen Municipal Income ETF (NYSEARCA:NUMI) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 31,294 shares, a growth of 155.7% from the September 30th total of 12,237 shares. Based on an average daily trading volume, of 79,540 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.8% of the shares of the stock are short sold.

Nuveen Municipal Income ETF Stock Up 0.2%

Shares of Nuveen Municipal Income ETF stock opened at $24.28 on Friday. Nuveen Municipal Income ETF has a 12-month low of $22.51 and a 12-month high of $25.66. The company has a 50-day moving average of $24.04 and a two-hundred day moving average of $24.84.

Institutional Investors Weigh In On Nuveen Municipal Income ETF

A hedge fund recently raised its stake in Nuveen Municipal Income ETF stock. Farther Finance Advisors LLC increased its position in shares of Nuveen Municipal Income ETF (NYSEARCA:NUMI) by 80.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,367 shares of the company’s stock after purchasing an additional 8,203 shares during the quarter. Farther Finance Advisors LLC owned 0.57% of Nuveen Municipal Income ETF worth $430,000 as of its most recent filing with the SEC.

About Nuveen Municipal Income ETF

The Nuveen Municipal Income ETF (NUMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds of any credit quality. The fund maintains an overall weighted average maturity of greater than 10 years. NUMI was launched on Jan 22, 2025 and is issued by Nuveen.